Compass Group Given New GBX 985 Price Target at Credit Suisse (CPG)
Research analysts at Credit Suisse dropped their price objective on shares of Compass Group (LON:CPG) from GBX 1,070 ($16.99) to GBX 985 ($15.64) in a report released on Thursday, Stock Ratings Network.com reports. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price target would indicate a potential upside of 16.29% from the company’s current price.
A number of other analysts have also recently weighed in on CPG. Analysts at Societe Generale reiterated a “buy” rating on shares of Compass Group (LON:CPG) in a research note to investors on Thursday. They now have a GBX 970 ($15.40) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Compass Group (LON:CPG) in a research note to investors on Thursday, September 12th. They now have a GBX 950 ($15.08) price target on the stock. Finally, 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 ($14.29) price target on the stock.
One analyst has rated the stock with a sell rating, eleven have issued a hold rating and fourteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 910.21 ($14.45).
Compass Group (LON:CPG) opened at 859.00 on Thursday. Compass Group has a 1-year low of GBX 670.50 and a 1-year high of GBX 917.00. The stock has a 50-day moving average of GBX 868.5 and a 200-day moving average of GBX 857.1. The company’s market cap is £15.788 billion.
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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