Compass Group Price Target Lowered to GBX 967 at Deutsche Bank (CPG)
Equities research analysts at Deutsche Bank reduced their price target on shares of Compass Group (LON:CPG) from GBX 1,000 ($16.04) to GBX 967 ($15.51) in a research note issued to investors on Wednesday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target points to a potential upside of 16.37% from the stock’s previous close.
A number of other firms have also recently commented on CPG. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Compass Group in a research note to investors on Monday. They now have a GBX 925 ($14.84) price target on the stock. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of Compass Group in a research note to investors on Thursday, October 3rd. They now have a GBX 811 ($13.01) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Compass Group in a research note to investors on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have given a buy rating to the company. Compass Group presently has a consensus rating of “Buy” and a consensus target price of GBX 909.94 ($14.60).
Shares of Compass Group (LON:CPG) traded down 0.06% on Wednesday, hitting GBX 830.50. 1,746,596 shares of the company’s stock traded hands. Compass Group has a 52-week low of GBX 670.50 and a 52-week 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 £15.265 billion.
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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