Johnson Service Group plc 24.5% potential upside indicated by Berenberg Bank

Johnson Service Group plc with ticker (LON:JSG) now has a potential upside of 24.5% according to Berenberg Bank.



Berenberg Bank set a target price of 170 GBX for the company, which when compared to the Johnson Service Group plc share price of 137 GBX at opening today (14/03/2024) indicates a potential upside of 24.5%. Trading has ranged between 99 (52 week low) and 147 (52 week high) with an average of 469,638 shares exchanging hands daily. The market capitalisation at the time of writing is £547,027,932.

Johnson Service Group PLC is a United Kingdom-based company that provides textile rental and related services across a range of sectors throughout the United Kingdom. The Company’s segments include Workwear, and Hotel, Restaurant and Catering (HORECA). Workwear is a supplier of workwear and protective wear in the United Kingdom, offering services through its Johnsons Workwear brand. The Company’s HORECA business provides premium linen services to the hotel, restaurant, and catering markets through the Johnsons Hotel Linen brand, the Johnsons Hotel, Restaurant & Catering Linen brand (which incorporates Stalbridge and South West Laundry), and the Johnsons Restaurant & Catering Linen brand (which incorporates London Linen). The Company also services hotels and restaurants, as well as healthcare customers, through its subsidiary, Lilliput (Dunmurry) Limited (Lilliput).