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Johnson Service ( (GB:JSG) ) has issued an announcement.
Johnson Service Group PLC, a company involved in the buyback of its own shares, announced the purchase of 237,127 ordinary shares at prices ranging from 133.20 to 136.00 pence per share, with a weighted average price of 135.1283 pence. This transaction is part of a previously announced buyback program, and the company intends to cancel the purchased shares, which may impact its share capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:JSG) stock is a Buy with a £158.00 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’s strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. While technical indicators suggest some bearish trends, the company’s solid fundamentals and strategic initiatives provide a positive outlook.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 1,605,609
Technical Sentiment Signal: Hold
Current Market Cap: £523.9M
See more insights into JSG stock on TipRanks’ Stock Analysis page.