Compass Group (LON:CPG) had its price objective lowered by analysts at Citigroup from GBX 2,200 ($28.94) to GBX 1,620 ($21.31) in a research note issued on Tuesday, Stock Target Advisor reports. The firm presently has a “buy” rating on the stock. Citigroup‘s price objective indicates a potential upside of 41.61% from the stock’s previous close.

CPG has been the subject of several other reports. Jefferies Financial Group upgraded Compass Group to a “buy” rating and dropped their price target for the stock from GBX 1,900 ($24.99) to GBX 1,350 ($17.76) in a research note on Monday, March 16th. Goldman Sachs Group upgraded Compass Group to a “buy” rating and dropped their price target for the stock from GBX 1,800 ($23.68) to GBX 1,600 ($21.05) in a research note on Wednesday, March 18th. UBS Group reiterated a “buy” rating on shares of Compass Group in a research report on Friday, February 7th. Liberum Capital downgraded Compass Group to a “hold” rating and lowered their target price for the company from GBX 2,000 ($26.31) to GBX 1,400 ($18.42) in a research report on Tuesday, March 17th. Finally, HSBC reiterated a “hold” rating on shares of Compass Group in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 1,761.43 ($23.17).

CPG stock opened at GBX 1,144 ($15.05) on Tuesday. Compass Group has a 1-year low of GBX 20.62 ($0.27) and a 1-year high of GBX 2,150 ($28.28). The company has a debt-to-equity ratio of 115.32, a current ratio of 0.76 and a quick ratio of 0.63. The company has a market capitalization of $16.82 billion and a price-to-earnings ratio of 16.37. The business has a 50 day simple moving average of GBX 1,631.95 and a two-hundred day simple moving average of GBX 1,877.82.

In related news, insider John Bason purchased 1,212 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was bought at an average cost of GBX 1,729 ($22.74) per share, for a total transaction of £20,955.48 ($27,565.75).

Compass Group Company Profile

Compass Group PLC, through its subsidiaries, operates as a food and support services company in North America, Europe, and internationally. It serves business and industry; healthcare and senior living market; education; sports and leisure; and defense, offshore, and remote sectors. The company also offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.

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Analyst Recommendations for Compass Group (LON:CPG)

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