Shares of Johnson Service Group PLC (LON:JSG – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 152.61 ($1.99) and traded as low as GBX 152.18 ($1.99). Johnson Service Group shares last traded at GBX 154.80 ($2.02), with a volume of 462,780 shares.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft increased their price target on Johnson Service Group from GBX 200 ($2.61) to GBX 205 ($2.68) and gave the stock a “buy” rating in a report on Wednesday, September 4th. Berenberg Bank increased their target price on Johnson Service Group from GBX 185 ($2.42) to GBX 195 ($2.55) and gave the stock a “buy” rating in a research note on Wednesday, September 4th.
Check Out Our Latest Report on Johnson Service Group
Johnson Service Group Stock Performance
Johnson Service Group Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 3rd will be issued a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a dividend yield of 0.82%. Johnson Service Group’s payout ratio is presently 4,285.71%.
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.
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