Compass Group plc (CPG) Rating Reiterated by Barclays PLC
Compass Group plc (LON:CPG)‘s stock had its “overweight” rating reissued by research analysts at Barclays PLC in a research note issued on Monday. They presently have a GBX 1,500 ($18.74) price objective on the stock. Barclays PLC’s target price indicates a potential upside of 11.28% from the company’s current price.
A number of other research firms have also recently commented on CPG. Societe Generale lifted their price target on shares of Compass Group plc from GBX 1,190 ($14.87) to GBX 1,290 ($16.12) and gave the stock a “sell” rating in a report on Thursday, September 29th. Royal Bank Of Canada lifted their price target on shares of Compass Group plc from GBX 1,480 ($18.49) to GBX 1,530 ($19.12) and gave the stock a “sector perform” rating in a report on Thursday, October 13th. Shore Capital reaffirmed a “hold” rating on shares of Compass Group plc in a report on Thursday, July 28th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 1,450 ($18.12) price target on shares of Compass Group plc in a report on Thursday, July 28th. Finally, Panmure Gordon reaffirmed a “hold” rating and issued a GBX 1,200 ($14.99) price target on shares of Compass Group plc in a report on Thursday, July 28th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. Compass Group plc currently has a consensus rating of “Hold” and an average target price of GBX 1,358.10 ($16.97).
Shares of Compass Group plc (LON:CPG) opened at 1348.00 on Monday. The firm has a 50 day moving average price of GBX 1,459.14 and a 200-day moving average price of GBX 1,405.53. The firm’s market cap is GBX 22.17 billion. Compass Group plc has a one year low of GBX 1,038.00 and a one year high of GBX 1,559.00.
In related news, insider Bomhard ,Stefan bought 6,100 shares of the business’s stock in a transaction that occurred on Tuesday, September 20th. The stock was bought at an average cost of GBX 1,486 ($18.57) per share, for a total transaction of £90,646 ($113,250.87). Also, insider Ireena Vittal bought 1,863 shares of the business’s stock in a transaction that occurred on Thursday, September 22nd. The stock was bought at an average price of GBX 1,491 ($18.63) per share, with a total value of £27,777.33 ($34,704.31).
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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