Johnson Service Group (LON:JSG) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?
by Tristan Rich · The Markets DailyJohnson Service Group PLC (LON:JSG – Get Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 142.01 and traded as low as GBX 134.40. Johnson Service Group shares last traded at GBX 134.80, with a volume of 391,588 shares.
Wall Street Analyst Weigh In
JSG has been the subject of several research reports. Royal Bank Of Canada raised their price objective on shares of Johnson Service Group from GBX 155 to GBX 160 and gave the company a “sector perform” rating in a research report on Wednesday, September 3rd. Peel Hunt reissued a “buy” rating and set a GBX 180 target price on shares of Johnson Service Group in a research note on Wednesday, October 1st. Finally, Berenberg Bank restated a “buy” rating and set a GBX 195 target price on shares of Johnson Service Group in a report on Friday, September 26th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 178.33.
Read Our Latest Report on Johnson Service Group
Johnson Service Group Trading Up 0.1%
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 stock has a market cap of £516.27 million, a price-to-earnings ratio of 15.52, a P/E/G ratio of 10.18 and a beta of 1.80. The company has a fifty day simple moving average of GBX 137.13 and a 200-day simple moving average of GBX 141.96.
Johnson Service Group Company Profile
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.