Compass Group Given New GBX 925 Price Target at Investec (CPG)
Analysts at Investec raised their price objective on shares of Compass Group (LON:CPG) from GBX 900 ($14.42) to GBX 925 ($14.82) in a research report issued to clients and investors on Tuesday, American Banking & Market News reports. The firm currently has a “buy” rating on the stock. Investec’s price objective points to a potential upside of 10.25% from the company’s current price.
A number of other firms have also recently commented on CPG. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Compass Group (LON:CPG) in a research note to investors on Monday. They now have a GBX 1,000 ($16.02) price target on the stock. Separately, 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. Finally, 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.
One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Compass Group has an average rating of “Buy” and a consensus price target of GBX 911.35 ($14.60).
Compass Group (LON:CPG) traded up 0.06% during mid-day trading on Tuesday, hitting GBX 839.5001. The stock had a trading volume of 2,526,765 shares. 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 866.1 and a 200-day moving average of GBX 857.0. The company’s market cap is £15.430 billion.
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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