JPMorgan Chase & Co. Reiterates “Overweight” Rating for Compass Group (CPG)
Compass Group (LON:CPG)‘s stock had its “overweight” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Friday, Stock Ratings Network reports. They currently have a GBX 950 ($15.22) price target on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 11.83% from the company’s current price.
Compass Group (LON:CPG) remained flat at GBX 849.50 during during mid-day trading trading on Friday. The stock had a trading volume of 2,424,625 shares. Compass Group has a one year low of GBX 670.50 and a one year 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 £15.614 billion.
CPG has been the subject of a number of other recent research reports. Analysts at Shore Capital Stockbrokers reiterated a “hold” rating on shares of Compass Group (LON:CPG) in a research note to investors on Thursday. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Compass Group (LON:CPG) in a research note to investors on Thursday. They now have a GBX 850 ($13.62) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Compass Group (LON:CPG) in a research note to investors on Tuesday. They now have a GBX 925 ($14.82) price target on the stock, up previously from GBX 900 ($14.42). One research analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have issued a buy rating to the company. Compass Group has a consensus rating of “Buy” and a consensus target price of GBX 911.35 ($14.60).
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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