Compass Group plc (CPG) Receives Average Recommendation of “Hold” from Brokerages
Shares of Compass Group plc (LON:CPG) have received a consensus rating of “Hold” from the twenty-three analysts that are currently covering the stock. Three analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 1,374.32 ($17.17).
Several equities analysts have weighed in on CPG shares. Goldman Sachs Group Inc. reiterated a “neutral” rating and set a GBX 1,491 ($18.63) price objective on shares of Compass Group plc in a research report on Thursday, September 8th. Societe Generale lifted their target price on shares of Compass Group plc from GBX 1,190 ($14.87) to GBX 1,290 ($16.12) and gave the company a “sell” rating in a research note on Thursday, September 29th. JPMorgan Chase & Co. raised shares of Compass Group plc to an “overweight” rating and lifted their target price for the company from GBX 1,380 ($17.24) to GBX 1,580 ($19.74) in a research note on Wednesday, September 14th. Panmure Gordon reissued a “hold” rating and set a GBX 1,400 ($17.49) target price on shares of Compass Group plc in a research note on Thursday, September 15th. Finally, Royal Bank Of Canada lowered shares of Compass Group plc to a “sector performer” rating and lifted their target price for the company from GBX 1,350 ($16.87) to GBX 1,480 ($18.49) in a research note on Friday, July 29th.
Shares of Compass Group plc (LON:CPG) traded up 1.84% on Friday, hitting GBX 1381.00. The company had a trading volume of 3,793,365 shares. Compass Group plc has a 12-month low of GBX 1,061.00 and a 12-month high of GBX 1,559.00. The company has a 50 day moving average of GBX 1,452.76 and a 200-day moving average of GBX 1,406.51. The company’s market cap is GBX 22.72 billion.
In other news, insider Ireena Vittal bought 1,863 shares of the business’s stock in a transaction on Thursday, September 22nd. The stock was purchased at an average price of GBX 1,491 ($18.63) per share, with a total value of £27,777.33 ($34,704.31). Also, insider Gary Green sold 100,000 shares of the business’s stock in a transaction on Thursday, September 29th. The stock was sold at an average price of GBX 1,498 ($18.72), for a total transaction of £1,498,000 ($1,871,564.22).
Compass Group plc Company Profile
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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