Compass Group’s Reduce Rating Reaffirmed at AlphaValue (CPG)
Compass Group (LON:CPG)‘s stock had its “reduce” rating reiterated by investment analysts at AlphaValue in a note issued to investors on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 811 ($13.08) target price on the stock. AlphaValue’s price target would suggest a potential downside of 3.97% from the stock’s previous close.
Compass Group (LON:CPG) traded up 0.47% on Thursday, hitting GBX 848.4999. 1,049,349 shares of the company’s stock traded hands. 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 £15.595 billion.
A number of other firms have also recently commented on CPG. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Compass Group (LON:CPG) in a research note to investors on Wednesday. Separately, analysts at Nomura reiterated a “buy” rating on shares of Compass Group (LON:CPG) in a research note to investors on Monday. They now have a GBX 1,055 ($17.02) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Compass Group (LON:CPG) in a research note to investors on Friday, September 27th. They now have a GBX 950 ($15.33) price target on the stock. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of GBX 911.44 ($14.71).
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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