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An update from Johnson Service ( (GB:JSG) ) is now available.
Johnson Service Group PLC, a company operating in the textile services sector, has announced the repurchase of 93,732 of its ordinary shares at a weighted average price of 139.5285 pence per share. This transaction is part of a previously announced buyback program, and the company plans to cancel the purchased shares, potentially impacting its share capital structure and market perception.
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’s strong financial performance and strategic share buyback program are the primary drivers of its solid stock score. While technical indicators suggest a neutral trend, the company’s valuation remains attractive, supported by a reasonable P/E ratio and dividend yield.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 3,701,447
Technical Sentiment Signal: Buy
Current Market Cap: £557.5M
See more insights into JSG stock on TipRanks’ Stock Analysis page.