Compass Group Stock Rating Reaffirmed by JPMorgan Chase & Co. (CPG)
Compass Group (LON:CPG)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Thursday, StockRatingsNetwork reports. They currently have a GBX 950 ($14.85) price objective on the stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 11.24% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Compass Group (LON:CPG) in a research note to investors on Friday, September 6th. They now have a GBX 900 ($14.07) price target on the stock. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of Compass Group (LON:CPG) in a research note to investors on Thursday, August 22nd. They now have a GBX 809 ($12.65) price target on the stock.
One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and fourteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 914.07 ($14.29).
Shares of Compass Group (LON:CPG) traded down 1.35% during mid-day trading on Thursday, hitting GBX 842.50. 3,329,427 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 872.6 and a 200-day moving average of GBX 855.4. The company’s market cap is £15.485 billion.
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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