Johnson Service Group PLC Announces Change in Voting Rights

Johnson Service ( (GB:JSG) ) just unveiled an announcement.

Johnson Service Group PLC announced a change in its voting rights structure due to an acquisition or disposal of voting rights by Octopus Investments Limited. The notification indicates that Octopus Investments Limited no longer holds any voting rights in the company, which previously stood at 3.02%. This change could impact the company’s shareholder dynamics and influence future decision-making processes.

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 share buybacks enhancing shareholder value. Moderate technicals and valuation provide a balanced outlook, though major shareholder changes introduce potential governance risks.

To see Spark’s full report on GB:JSG stock, click here.

More about Johnson Service

Johnson Service Group PLC operates in the UK, providing textile rental and related services. The company primarily focuses on the hospitality, healthcare, and industrial sectors, offering products such as workwear, linen, and laundry services.

Average Trading Volume: 1,783,540

Technical Sentiment Signal: Strong Buy

Current Market Cap: £581.2M

For detailed information about JSG stock, go to TipRanks’ Stock Analysis page.