Compass Group Receives Buy Rating from Deutsche Bank (CPG)
Compass Group (LON:CPG)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Monday, Stock Ratings Network reports. They currently have a GBX 1,000 ($16.02) price target on the stock. Deutsche Bank’s price objective would suggest a potential upside of 19.19% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “hold” rating on shares of Compass Group (LON:CPG) in a research note to investors on Friday. They now have a GBX 820 ($13.13) price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of Compass Group (LON:CPG) in a research note to investors on Friday. They now have a GBX 1,000 ($16.02) price target on the stock. Finally, analysts at Credit Suisse cut their price target on shares of Compass Group (LON:CPG) from GBX 1,070 ($17.14) to GBX 985 ($15.78) in a research note to investors on Thursday. They now have an “outperform” rating on the stock.
One analyst has rated the stock with a sell rating, eleven have issued a hold rating and fourteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 910.21 ($14.58).
Shares of Compass Group (LON:CPG) traded down 1.93% during mid-day trading on Monday, hitting GBX 839.0001. The stock had a trading volume of 3,735,026 shares. Compass Group has a 52-week low of GBX 670.50 and a 52-week high of GBX 917.00. The stock’s 50-day moving average is GBX 866.1 and its 200-day moving average is GBX 857.0. The company’s market cap is £15.421 billion.
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.