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Johnson Service ( (GB:JSG) ) just unveiled an announcement.
Johnson Service Group PLC, a company involved in the textile services industry, announced the repurchase of 224,900 of its ordinary shares at prices ranging from 134.00 to 136.00 pence per share. This share buyback is part of a previously announced program and the purchased shares are intended to be canceled, which may impact the company’s 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: 1,589,613
Technical Sentiment Signal: Hold
Current Market Cap: £516.3M
See more data about JSG stock on TipRanks’ Stock Analysis page.