Compass Group plc (CPG) Given New GBX 1,290 Price Target at Societe Generale
Compass Group plc (LON:CPG) had its price target hoisted by Societe Generale from GBX 1,190 ($15.53) to GBX 1,290 ($16.84) in a report released on Thursday. The firm currently has a sell rating on the stock.
Several other analysts also recently issued reports on CPG. JPMorgan Chase & Co. reduced their price target on shares of Compass Group plc from GBX 1,412 ($18.43) to GBX 1,380 ($18.01) and set a neutral rating on the stock in a report on Friday, July 29th. Panmure Gordon reaffirmed a hold rating and issued a GBX 1,400 ($18.27) price target on shares of Compass Group plc in a report on Thursday, September 15th. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 1,450 ($18.93) price target on shares of Compass Group plc in a report on Thursday, July 28th. Berenberg Bank reaffirmed a buy rating and issued a GBX 1,500 ($19.58) price target on shares of Compass Group plc in a report on Friday, July 1st. Finally, Shore Capital reaffirmed a hold rating on shares of Compass Group plc in a report on Thursday, July 28th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company’s stock. Compass Group plc presently has an average rating of Hold and an average target price of GBX 1,354.35 ($17.68).
Compass Group plc (LON:CPG) traded down 0.47% during mid-day trading on Thursday, reaching GBX 1489.00. 1,722,560 shares of the company’s stock were exchanged. The stock’s market capitalization is GBX 24.49 billion. The firm’s 50-day moving average is GBX 1,474.19 and its 200 day moving average is GBX 1,355.54. Compass Group plc has a 1-year low of GBX 1,008.00 and a 1-year high of GBX 1,521.00.
In related news, insider Ireena Vittal bought 1,863 shares of the stock in a transaction on Thursday, September 22nd. The shares were purchased at an average price of GBX 1,491 ($19.46) per share, with a total value of £27,777.33 ($36,258.10). Also, insider Bomhard ,Stefan bought 6,100 shares of the stock in a transaction on Tuesday, September 20th. The shares were bought at an average cost of GBX 1,486 ($19.40) per share, for a total transaction of £90,646 ($118,321.37).
About Compass Group plc
Compass Group PLC provides food and support services. The Company’s segments include North America, Europe & Japan, and Fast Growing & Emerging. It provides breakfasts, lunches and dinners, and also offers hospitality services. The Company offers a range of soft support services, including cleaning, reception and some building maintenance.
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