Johnson Service Group (LON:JSG) Shares Pass Above 200 Day Moving Average – Here’s What Happened
by Kim Johansen · The Markets DailyJohnson Service Group PLC (LON:JSG – Get Free Report)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 143.34 and traded as high as GBX 144.50. Johnson Service Group shares last traded at GBX 144.30, with a volume of 615,603 shares trading hands.
Analysts Set New Price Targets
A number of research firms recently issued reports on JSG. Berenberg Bank reaffirmed a “buy” rating and set a GBX 205 target price on shares of Johnson Service Group in a report on Monday, July 13th. Peel Hunt reissued a “buy” rating and issued a GBX 178 price target on shares of Johnson Service Group in a report on Monday, July 13th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 150 price objective on shares of Johnson Service Group in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 177.67.
Read Our Latest Report on Johnson Service Group
Johnson Service Group Trading Up 0.8%
The company has a fifty day simple moving average of GBX 153.08 and a 200-day simple moving average of GBX 143.34. The company has a current ratio of 0.93, a quick ratio of 0.80 and a debt-to-equity ratio of 61.87. The stock has a market cap of £526.49 million, a price-to-earnings ratio of 15.68, a P/E/G ratio of 10.18 and a beta of 1.03.
About Johnson Service Group
Johnson Service Group provides high quality textile rental and related services across a range of sectors throughout the UK.
Our family of high quality businesses includes “Johnsons Workwear”, “Johnsons Hotel Linen”, “Johnsons Hotel, Restaurant & Catering Linen” and “Johnsons Restaurant & Catering Linen”, each of which provides a high-quality and reliable service combined with outstanding customer care.
Across our entire family, our priorities are always clear and everything we do centres on the core values of Johnson Service Group – quality, reliability and service.
A strategy to consistently create value for shareholders, deliver outstanding customer service and offer fulfilling careers to employees lies at the heart of our business.