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An update from Johnson Service ( (GB:JSG) ) is now available.
Johnson Service Group PLC, a company involved in various business operations, has announced the repurchase of 97,136 of its ordinary shares at prices ranging between 137.20 pence and 140.80 pence, with a weighted average price of 138.4725 pence. This share buyback is part of a previously announced buyback program and the company plans to cancel the repurchased 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 shows strong financial performance and proactive corporate actions like share buybacks, which enhance shareholder value. However, technical indicators suggest bearish sentiment, and the valuation indicates moderate growth potential. Improvements in net profit margins and debt management are needed to ensure sustained performance.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 3,757,026
Technical Sentiment Signal: Buy
Current Market Cap: £549.4M
For an in-depth examination of JSG stock, go to TipRanks’ Overview page.