Royal Bank of Canada Raises Johnson Service Group (LON:JSG) Price Target to GBX 190

Johnson Service Group (LON:JSG) had its price target upped by Royal Bank of Canada from GBX 180 ($2.35) to GBX 190 ($2.48) in a research report report published on Tuesday, Digital Look reports. Royal Bank of Canada currently has an outperform rating on the stock.

Separately, HSBC upped their target price on shares of Johnson Service Group from GBX 148 ($1.93) to GBX 180 ($2.35) and gave the stock a buy rating in a research note on Friday, July 5th.

LON JSG opened at GBX 169.20 ($2.21) on Tuesday. Johnson Service Group has a 1 year low of GBX 112 ($1.46) and a 1 year high of GBX 170.60 ($2.23). The business has a 50-day simple moving average of GBX 160.49. The company has a market capitalization of $625.59 million and a PE ratio of 23.50. The company has a quick ratio of 0.65, a current ratio of 0.72 and a debt-to-equity ratio of 55.46.

In related news, insider Yvonne Monaghan sold 220,774 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of GBX 149 ($1.95), for a total transaction of £328,953.26 ($429,835.70).

Johnson Service Group Company Profile

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom. The company supplies workwear garments and protective wear under the Apparelmaster brand, as well as provides laundering services. It also offers linen services to the hotel, restaurant, and catering markets through the Stalbridge, South West Laundry, London Linen, Bourne, Afonwen, and PLS brands.

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