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Johnson Service ( (GB:JSG) ) has provided an update.
Johnson Service Group PLC, a company involved in the textile services industry, has announced the repurchase of 100,000 of its ordinary shares at a weighted average price of 140.2888 pence per share through Investec Bank plc. This transaction is part of a buyback program initiated in March 2025, and the company intends to cancel the purchased shares, which could potentially enhance shareholder value by reducing the number of shares outstanding.
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 Neutral.
Johnson Service’s strong financial performance and fair valuation are slightly offset by neutral technical indicators. Strategic corporate activities like share buybacks and listing upgrades provide incremental confidence in its market positioning.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 3,757,026
Technical Sentiment Signal: Buy
Current Market Cap: £549.4M
For a thorough assessment of JSG stock, go to TipRanks’ Stock Analysis page.