Compass Group plc (LON:CPG) had its price objective increased by research analysts at Barclays PLC from GBX 1,500 ($18.74) to GBX 1,550 ($19.37) in a research report issued on Wednesday. The brokerage currently has an “overweight” rating on the stock. Barclays PLC’s target price would suggest a potential upside of 16.89% from the company’s current price.

Several other equities analysts have also recently weighed in on CPG. Panmure Gordon reaffirmed a “hold” rating and issued a GBX 1,400 ($17.49) price target on shares of Compass Group plc in a research report on Tuesday. JPMorgan Chase & Co. dropped their price target on shares of Compass Group plc from GBX 1,412 ($17.64) to GBX 1,380 ($17.24) and set a “neutral” rating on the stock in a research report on Friday, July 29th. Canaccord Genuity reissued a “buy” rating and set a GBX 1,620 ($20.24) target price on shares of Compass Group plc in a research report on Tuesday. Bryan, Garnier & Co reissued a “neutral” rating and set a GBX 1,450 ($18.12) target price on shares of Compass Group plc in a research report on Tuesday. Finally, Numis Securities Ltd reissued a “hold” rating and set a GBX 1,450 ($18.12) target price on shares of Compass Group plc in a research report on Thursday, July 28th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 1,372.60 ($17.15).

Analyst Recommendations for Compass Group plc (LON:CPG)

Shares of Compass Group plc (LON:CPG) opened at 1326.00 on Wednesday. The company’s market capitalization is GBX 21.81 billion. The company has a 50 day moving average price of GBX 1,442.32 and a 200 day moving average price of GBX 1,410.90. Compass Group plc has a 52 week low of GBX 1,066.00 and a 52 week high of GBX 1,559.00.

The company also recently declared a dividend, which will be paid on Monday, February 20th. Shareholders of record on Thursday, January 19th will be issued a GBX 21.10 ($0.26) dividend. This represents a yield of 1.59%. This is an increase from Compass Group plc’s previous dividend of $10.60. The ex-dividend date is Thursday, January 19th.

In other news, insider Bomhard ,Stefan purchased 6,100 shares of the business’s stock in a transaction on Tuesday, September 20th. The stock was purchased at an average cost of GBX 1,486 ($18.57) per share, with a total value of £90,646 ($113,250.87). Also, insider Ireena Vittal purchased 1,863 shares of the business’s stock in a transaction on Thursday, September 22nd. The stock was purchased at an average cost of GBX 1,491 ($18.63) per share, with a total value of £27,777.33 ($34,704.31).

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this report on another domain, it was stolen and reposted in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2016/11/23/barclays-plc-raises-compass-group-plc-cpg-price-target-to-gbx-1550.html.

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.

Receive News & Stock Ratings for Compass Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Group plc and related stocks with our FREE daily email newsletter.