Compass Group (OTCMKTS:CMPGY) Upgraded to “Buy” at Zacks Investment Research
Zacks Investment Research upgraded shares of Compass Group (OTCMKTS:CMPGY) from a hold rating to a buy rating in a research report report published on Wednesday morning, Zacks.com reports. The brokerage currently has $24.00 price objective on the stock.
According to Zacks, “Compass Group PLC provides food and support services to its customers globally through its subsidiaries. The Company serves customers in offices and factories; schools and universities; hospitals and senior living communities; major sports and cultural venues; and remote mining camps and offshore platforms. Its food service segment offers services in the form of free flow restaurants, formal dining restaurants, grab and go deli and café outlets and vending. Support services provided by Compass Group PLC include cleaning, building operations and maintenance, logistics and transport, outdoor, project management and security services. The sectors catered by Campus include business and industry; healthcare and senior citizens; education; sports and leisure and defense, offshore and remote. Compass Group PLC is headquartered in Chertsey, United Kingdom. “
A number of other equities analysts have also recently issued reports on the company. Kepler Capital Markets cut Compass Group from a buy rating to a hold rating in a report on Monday, March 29th. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating on shares of Compass Group in a report on Tuesday, March 23rd. AlphaValue lowered Compass Group to a reduce rating in a research report on Tuesday, February 23rd. UBS Group reiterated a neutral rating on shares of Compass Group in a research report on Monday, February 22nd. Finally, Barclays reiterated an overweight rating on shares of Compass Group in a research report on Friday, February 5th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. Compass Group presently has an average rating of Hold and an average price target of $712.00.
Compass Group Company Profile
Compass Group PLC, together with 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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