Compass Group (LON:CPG) Reaches New 1-Year Low – Here’s Why

Compass Group PLC (LON:CPG) shares reached a new 52-week low on Monday . The stock traded as low as GBX 2,309 and last traded at GBX 2,313, with a volume of 17725758 shares trading hands. The stock had previously closed at GBX 2,334.

Wall Street Analyst Weigh In

CPG has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Compass Group to a “buy” rating and upped their target price for the company from GBX 2,700 to GBX 2,900 in a research note on Thursday, September 11th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 3,000 price objective on shares of Compass Group in a research report on Friday, October 10th. Royal Bank Of Canada raised Compass Group to an “outperform” rating and lifted their target price for the stock from GBX 2,700 to GBX 2,775 in a research report on Monday, December 1st. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 3,100 price target on shares of Compass Group in a research note on Tuesday, December 2nd. Finally, Citigroup upgraded Compass Group to a “buy” rating and raised their price objective for the stock from GBX 2,750 to GBX 3,000 in a research report on Thursday, November 27th. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 2,979.17.

Compass Group Stock Performance

The firm has a market capitalization of £39.29 billion, a price-to-earnings ratio of 21.06, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81. The firm’s 50-day moving average price is GBX 2,405.72 and its two-hundred day moving average price is GBX 2,501.64. The company has a debt-to-equity ratio of 86.56, a quick ratio of 0.86 and a current ratio of 0.74.

Insiders Place Their Bets

In related news, insider Leanne Wood acquired 444 shares of the stock in a transaction dated Tuesday, November 25th. The shares were bought at an average cost of GBX 2,392 per share, for a total transaction of £10,620.48. Insiders own 0.52% of the company’s stock.

Compass Group Company Profile

Compass Group PLC is a world leading food service company, which generated annual revenues of $42.2 billion in the year to 30 September 2024. It serves meals to millions of people in c. 30 countries and employs and engages with c. 580,000 people. The Company specialises in providing food and a range of targeted support services across the core sectors of Business & Industry, Healthcare & Senior Living, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.