Johnson Service Group (LON:JSG) PT Raised to GBX 170

Johnson Service Group (LON:JSG) had its price objective boosted by Berenberg Bank from GBX 155 ($1.99) to GBX 170 ($2.18) in a research report issued on Tuesday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 27.44% from the stock’s current price.

Johnson Service Group Price Performance

LON JSG traded down GBX 2.60 ($0.03) during trading on Tuesday, hitting GBX 133.40 ($1.71). 540,209 shares of the stock traded hands, compared to its average volume of 618,482. The company has a market capitalization of £552.84 million, a P/E ratio of 1,667.50, a price-to-earnings-growth ratio of 10.18 and a beta of 1.67. The firm has a 50-day simple moving average of GBX 141.45 and a 200-day simple moving average of GBX 135.77. The company has a quick ratio of 0.80, a current ratio of 0.88 and a debt-to-equity ratio of 41.24. Johnson Service Group has a 12-month low of GBX 99 ($1.27) and a 12-month high of GBX 147.40 ($1.89).

Insider Buying and Selling at Johnson Service Group

In related news, insider Peter Egan bought 65,000 shares of the company’s stock in a transaction dated Tuesday, March 5th. The stock was purchased at an average price of GBX 137 ($1.76) per share, for a total transaction of £89,050 ($114,093.53). 1.48% of the stock is currently owned by company insiders.

About Johnson Service Group

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