Bryan, Garnier & Co Reiterates Neutral Rating for Compass Group plc (CPG)
Compass Group plc (LON:CPG)‘s stock had its “neutral” rating reaffirmed by stock analysts at Bryan, Garnier & Co in a research note issued on Tuesday. They presently have a GBX 1,450 ($18.12) price objective on the stock. Bryan, Garnier & Co’s target price would suggest a potential upside of 7.01% from the stock’s previous close.
Other analysts have also issued research reports about the stock. Canaccord Genuity reiterated a “buy” rating and set a GBX 1,645 ($20.55) price target on shares of Compass Group plc in a research report on Thursday, July 28th. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 1,575 ($19.68) price target on shares of Compass Group plc in a research report on Friday, July 29th. Jefferies Group lowered shares of Compass Group plc to a “hold” rating and increased their price target for the stock from GBX 1,450 ($18.12) to GBX 1,475 ($18.43) in a research report on Monday, November 7th. Panmure Gordon restated a “hold” rating and issued a GBX 1,200 ($14.99) target price on shares of Compass Group plc in a research report on Thursday, July 28th. Finally, JPMorgan Chase & Co. cut their target price 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. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,375.85 ($17.19).
Shares of Compass Group plc (LON:CPG) opened at 1358.00 on Tuesday. Compass Group plc has a 52-week low of GBX 1,079.00 and a 52-week high of GBX 1,559.00. The company’s market cap is GBX 22.34 billion. The company has a 50 day moving average of GBX 1,437.78 and a 200-day moving average of GBX 1,411.70.
The firm also recently announced a dividend, which will be paid on Monday, February 20th. Stockholders of record on Thursday, January 19th will be given a dividend of GBX 21.10 ($0.26) per share. The ex-dividend date is Thursday, January 19th. This is an increase 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 Paul Walsh bought 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 23rd. The stock was bought at an average cost of GBX 1,337 ($16.70) per share, with a total value of £66,850 ($83,520.74). Also, insider Bomhard ,Stefan bought 6,100 shares of the firm’s stock in a transaction dated Tuesday, September 20th. The shares were acquired at an average cost of GBX 1,486 ($18.57) per share, with a total value of £90,646 ($113,250.87).
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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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