Johnson Service Group (LON:JSG) Shares Up 0.4% – What’s Next?

Johnson Service Group PLC (LON:JSG) shares shot up 0.4% during mid-day trading on Tuesday . The company traded as high as GBX 145.40 ($1.86) and last traded at GBX 144.60 ($1.85). 228,002 shares traded hands during trading, a decline of 68% from the average session volume of 716,297 shares. The stock had previously closed at GBX 144 ($1.84).

Analyst Upgrades and Downgrades

Several analysts have recently commented on JSG shares. Berenberg Bank increased their target price on shares of Johnson Service Group from GBX 185 ($2.36) to GBX 195 ($2.49) and gave the company a “buy” rating in a report on Wednesday, September 4th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Johnson Service Group from GBX 200 ($2.56) to GBX 205 ($2.62) and gave the company a “buy” rating in a research note on Wednesday, September 4th.

Johnson Service Group Trading Down 0.1 %

The stock has a market capitalization of £598.54 million, a PE ratio of 2,065.71, a price-to-earnings-growth ratio of 10.18 and a beta of 1.80. The company has a current ratio of 1.00, a quick ratio of 0.80 and a debt-to-equity ratio of 44.23. The firm has a 50-day moving average price of GBX 148.19 and a 200-day moving average price of GBX 155.58.

About Johnson Service Group

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.