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The latest update is out from Johnson Service ( (GB:JSG) ).
Johnson Service Group PLC, a company involved in a share buyback program, announced the purchase of 145,482 of its ordinary shares at a weighted average price of 142.4976 pence per share. The company plans to cancel these shares, which is part of a previously announced buyback program aimed at consolidating its share capital and potentially enhancing shareholder value.
The most recent analyst rating on (GB:JSG) stock is a Buy with a £159.00 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 scores well due to strong financial performance, particularly in revenue and cash flow growth. Technical indicators suggest neutral momentum, and the valuation is reasonable with a moderate dividend yield. Continued focus on improving profit margins and managing debt will be key for future performance.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 3,783,071
Technical Sentiment Signal: Strong Buy
Current Market Cap: £570.6M
See more data about JSG stock on TipRanks’ Stock Analysis page.