Compass Group plc (CPG) Receives “Hold” Rating from Panmure Gordon
Panmure Gordon reaffirmed their hold rating on shares of Compass Group plc (LON:CPG) in a research report sent to investors on Tuesday. They currently have a GBX 1,400 ($17.49) price target on the stock.
A number of other equities research analysts have also recently commented on the stock. Goldman Sachs Group Inc. reissued a neutral rating and issued a GBX 1,491 ($18.63) price objective on shares of Compass Group plc in a research note on Thursday, September 8th. Societe Generale increased their price objective 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 increased their price objective for the company from GBX 1,380 ($17.24) to GBX 1,580 ($19.74) in a research note on Wednesday, September 14th. Royal Bank Of Canada cut shares of Compass Group plc to a sector performer rating and raised their target price for the stock from GBX 1,350 ($16.87) to GBX 1,480 ($18.49) in a research report on Friday, July 29th. Finally, Barclays PLC restated an overweight rating and issued a GBX 1,500 ($18.74) price target on shares of Compass Group plc in a report on Monday, September 26th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company’s stock. Compass Group plc has an average rating of Hold and an average price target of GBX 1,367.60 ($17.09).
Shares of Compass Group plc (LON:CPG) traded up 2.18% during trading on Tuesday, reaching GBX 1354.90. 5,439,169 shares of the company’s stock were exchanged. The stock’s market capitalization is GBX 22.29 billion. Compass Group plc has a 52 week low of GBX 1,066.00 and a 52 week high of GBX 1,559.00. The stock has a 50 day moving average price of GBX 1,442.32 and a 200-day moving average price of GBX 1,410.90.
The firm also recently declared a dividend, which will be paid on Monday, February 20th. Stockholders of record on Thursday, January 19th will be issued a dividend of GBX 21.10 ($0.26) per share. The ex-dividend date is Thursday, January 19th. This is a positive change from Compass Group plc’s previous dividend of $10.60. This represents a dividend yield of 1.59%.
In other Compass Group plc news, insider Bomhard ,Stefan purchased 6,100 shares of the business’s stock in a transaction dated 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 Paul Walsh purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, November 23rd. The shares were acquired at an average price of GBX 1,337 ($16.70) per share, with a total value of £66,850 ($83,520.74).
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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