Kepler Capital Markets Lowers Compass Group plc (CPG) Price Target to GBX 1,400
Compass Group plc (LON:CPG) had its price objective lowered by Kepler Capital Markets from GBX 1,450 ($18.12) to GBX 1,400 ($17.49) in a research report issued to clients and investors on Wednesday. The brokerage currently has a “hold” rating on the stock. Kepler Capital Markets’ price target points to a potential upside of 2.49% from the company’s current price.
CPG has been the topic of a number of other research reports. Royal Bank Of Canada lowered Compass Group plc to a “sector performer” rating and increased their price objective for the company from GBX 1,350 ($16.87) to GBX 1,480 ($18.49) in a report on Friday, July 29th. Panmure Gordon reissued a “hold” rating and set a GBX 1,400 ($17.49) price objective on shares of Compass Group plc in a report on Tuesday. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 1,575 ($19.68) price objective on shares of Compass Group plc in a report on Friday, July 29th. Morgan Stanley reissued an “equal weight” rating on shares of Compass Group plc in a report on Monday, November 7th. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 1,500 ($18.74) price objective on shares of Compass Group plc in a report on Monday, September 26th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,393 ($17.40).
Compass Group plc (LON:CPG) opened at 1364.00 on Wednesday. Compass Group plc has a 1-year low of GBX 1,079.00 and a 1-year high of GBX 1,559.00. The stock’s 50 day moving average price is GBX 1,432.86 and its 200 day moving average price is GBX 1,411.38. The firm’s market cap is GBX 22.44 billion.
The firm also recently declared a dividend, which will be paid on Monday, February 20th. Investors of record on Thursday, January 19th will be issued a dividend of GBX 21.10 ($0.26) per share. This represents a yield of 1.59%. This is a boost from Compass Group plc’s previous dividend of $10.60. The ex-dividend date is Thursday, January 19th.
In other Compass Group plc news, insider Paul Walsh purchased 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was purchased at an average cost of GBX 1,337 ($16.70) per share, with a total value of £66,850 ($83,520.74). Also, insider Ireena Vittal purchased 1,863 shares of the company’s stock in a transaction that occurred on Thursday, September 22nd. The shares were acquired at an average cost 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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