Johnson Service Group (LON:JSG) Price Target Increased to GBX 185 by Analysts at Berenberg Bank

Johnson Service Group (LON:JSG) had its price target hoisted by Berenberg Bank from GBX 170 ($2.14) to GBX 185 ($2.32) in a research note issued to investors on Wednesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 27.59% from the stock’s previous close.

Johnson Service Group Trading Up 2.5 %

JSG traded up GBX 3.60 ($0.05) during midday trading on Wednesday, hitting GBX 145 ($1.82). The company’s stock had a trading volume of 992,235 shares, compared to its average volume of 632,486. The company has a current ratio of 0.88, a quick ratio of 0.80 and a debt-to-equity ratio of 41.03. The firm has a market cap of £600.91 million, a P/E ratio of 2,416.67, a PEG ratio of 10.18 and a beta of 1.65. The firm has a 50-day moving average price of GBX 130.10 and a two-hundred day moving average price of GBX 134.44. Johnson Service Group has a 52-week low of GBX 99 ($1.24) and a 52-week high of GBX 148.12 ($1.86).

Insider Buying and Selling at Johnson Service Group

In other Johnson Service Group news, insider Peter Egan bought 65,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were bought at an average cost of GBX 137 ($1.72) per share, with a total value of £89,050 ($111,857.81). 1.83% of the stock is currently owned by corporate insiders.

Johnson Service Group Company Profile

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom and Ireland. It operates in two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment offers workwear and protective wear rental; and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundry services.