Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Johnson Service ( (GB:JSG) ) is now available.
Johnson Service Group PLC, a company involved in the textile services industry, has announced the repurchase of 233,535 of its ordinary shares at a weighted average price of 145.12 pence per share through Investec Bank plc. This transaction is part of a buyback programme initiated on March 5, 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 Outperform.
Johnson Service Group scores well due to strong financial performance and strategic corporate actions, such as share buybacks and moving to the Main Market. Technical indicators and valuation are supportive, though needs monitoring. The absence of earnings call data limits insights into near-term strategic focus.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 1,870,216
Technical Sentiment Signal: Strong Buy
Current Market Cap: £586.5M
See more data about JSG stock on TipRanks’ Stock Analysis page.