Compass Group PLC (LON:CPG) Receives GBX 2,371 Average PT from Analysts

Shares of Compass Group PLC (LON:CPG) have been assigned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 2,371 ($29.29).

Several analysts recently weighed in on the stock. Citigroup reiterated a “buy” rating on shares of Compass Group in a report on Tuesday, February 20th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 2,600 ($32.11) price objective on shares of Compass Group in a research report on Monday, February 26th. Finally, Shore Capital reissued a “buy” rating on shares of Compass Group in a research report on Thursday, February 8th.

Compass Group Stock Performance

LON:CPG opened at GBX 2,236 ($27.62) on Tuesday. The stock has a market cap of £38.01 billion, a P/E ratio of 2,974.67, a price-to-earnings-growth ratio of 1.79 and a beta of 0.75. The firm’s fifty day simple moving average is GBX 2,202.54 and its 200 day simple moving average is GBX 2,138.75. Compass Group has a twelve month low of GBX 1,940.50 ($23.97) and a twelve month high of GBX 2,331 ($28.79). The company has a quick ratio of 0.86, a current ratio of 0.75 and a debt-to-equity ratio of 86.40.

Compass Group Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, January 18th were given a GBX 28.10 ($0.35) dividend. This represents a dividend yield of 1.34%. The ex-dividend date of this dividend was Thursday, January 18th. This is a positive change from Compass Group’s previous dividend of $15.00. Compass Group’s payout ratio is currently 5,733.33%.

Compass Group Company Profile

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company 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.