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An announcement from Johnson Service ( (GB:JSG) ) is now available.
Johnson Service Group PLC, a company involved in the textile services industry, has announced the purchase of 92,664 of its own ordinary shares at prices ranging from 140.00 to 146.40 pence per share. This transaction is part of a buyback program initiated on March 5, 2025, and the company plans to cancel the purchased shares. This move is likely aimed at consolidating ownership and potentially enhancing shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:JSG) stock is a Buy with a £2.00 price target. To see the full list of analyst forecasts on Johnson Service stock, see the GB:JSG Stock Forecast page.
Spark’s Take on GB:JSG Stock
According to Spark, TipRanks’ AI Analyst, GB:JSG is a Outperform.
Johnson Service Group exhibits strong financial performance and strategic corporate actions like share buybacks, enhancing shareholder value. The stock’s valuation is attractive, offering a balanced risk-reward profile. However, technical indicators suggest caution due to potential downward pressure and moderate net profit margins along with increased debt levels present areas for improvement.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 1,005,825
Technical Sentiment Signal: Strong Buy
Current Market Cap: £576.7M
For detailed information about JSG stock, go to TipRanks’ Stock Analysis page.