Johnson Service Group (LON:JSG) Price Target Raised to GBX 205

Johnson Service Group (LON:JSG) had its price target upped by Deutsche Bank Aktiengesellschaft from GBX 200 ($2.63) to GBX 205 ($2.70) in a research note published on Wednesday, MarketBeat.com reports. They currently have a buy rating on the stock.

Separately, Royal Bank of Canada boosted their target price on Johnson Service Group from GBX 140 ($1.84) to GBX 155 ($2.04) and gave the stock a sector perform rating in a research report on Tuesday, May 7th.

Johnson Service Group Price Performance

Johnson Service Group stock opened at GBX 151 ($1.99) on Wednesday. Johnson Service Group has a 52 week low of GBX 117.20 ($1.54) and a 52 week high of GBX 172 ($2.26). The business has a 50-day simple moving average of GBX 158.58 and a 200 day simple moving average of GBX 149.14. The company has a quick ratio of 0.80, a current ratio of 0.88 and a debt-to-equity ratio of 41.03. The stock has a market cap of £625.90 million, a price-to-earnings ratio of 2,157.14, a PEG ratio of 10.18 and a beta of 1.80.

Johnson Service Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 3rd will be given a GBX 1.30 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 0.82%. Johnson Service Group’s payout ratio is 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.