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An announcement from Johnson Service ( (GB:JSG) ) is now available.
Johnson Service Group PLC, a company involved in the purchase and cancellation of its own shares, has executed a buyback of 127,060 ordinary shares at a weighted average price of 142.6251 pence per share. This move, part of a previously announced buyback program, is intended to cancel the purchased shares, potentially impacting the company’s share capital structure and signaling confidence in its financial health to stakeholders.
The most recent analyst rating on (GB:JSG) stock is a Buy with a £163.00 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 receives a strong score due to its solid financial performance and positive earnings call sentiment. While technical indicators are neutral, the company’s valuation is reasonable, and the outlook remains positive despite some operational challenges.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 2,733,858
Technical Sentiment Signal: Buy
Current Market Cap: £564.7M
For a thorough assessment of JSG stock, go to TipRanks’ Stock Analysis page.