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Johnson Service ( (GB:JSG) ) just unveiled an update.
Johnson Service Group PLC, a company involved in the textile services industry, has announced the repurchase of 141,218 of its ordinary shares at prices ranging from 148.00 to 151.20 pence per share, with a weighted average price of 149.9179 pence. This buyback is part of a previously announced programme and the company plans to cancel these shares, potentially impacting its share capital structure and market perception.
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’s strong financial performance and positive technical indicators underpin a solid stock score. The strategic share buyback program further enhances shareholder value. Valuation metrics are fair, supporting the overall positive outlook.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 1,001,987
Technical Sentiment Signal: Strong Buy
Current Market Cap: £608.1M
See more data about JSG stock on TipRanks’ Stock Analysis page.