Shares of Compass Group PLC (OTCMKTS:CMPGY – Get Free Report) hit a new 52-week high during trading on Monday. The stock traded as high as $34.53 and last traded at $34.3730, with a volume of 39,786 shares traded. The stock had previously closed at $33.90.
Analysts Set New Price Targets
Separately, Compass Point set a $36.00 price objective on Compass Group in a research note on Thursday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. According to MarketBeat.com, Compass Group presently has an average rating of “Strong Buy” and an average target price of $36.00.
Read Our Latest Stock Report on Compass Group
Compass Group Stock Up 2.5%
The business has a 50-day moving average of $31.18 and a 200-day moving average of $30.81. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 0.86.
About Compass Group
Compass Group plc is a United Kingdom-based provider of food and support services. The company serves meals and manages dining operations for businesses, schools and universities, hospitals, sports and leisure venues, defense organizations, remote sites and other institutions. Its services may include catering, hospitality, food procurement, facilities management and related workplace support.
Compass operates through a portfolio of brands tailored to different customer sectors and markets.
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