Compass Group Given Overweight Rating at Barclays (CPG)
Compass Group (LON:CPG)‘s stock had its “overweight” rating reaffirmed by equities researchers at Barclays in a research report issued on Thursday, Stock Ratings Network reports. They currently have a GBX 1,060 ($17.39) price objective on the stock. Barclays’ target price points to a potential upside of 11.70% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “buy” rating on shares of Compass Group in a research note to investors on Tuesday. They now have a GBX 1,055 ($17.30) price target on the stock. Separately, analysts at Bryan Garnier & Cie upgraded shares of Compass Group to a “buy” rating in a research note to investors on Friday, December 6th. They now have a GBX 1,010 ($16.57) price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of Compass Group from GBX 930 ($15.25) to GBX 950 ($15.58) in a research note to investors on Wednesday, December 4th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 939.50 ($15.41).
Compass Group (LON:CPG) opened at 956.0001 on Thursday. Compass Group has a 1-year low of GBX 736.50 and a 1-year high of GBX 976.00. The stock has a 50-day moving average of GBX 623.4 and a 200-day moving average of GBX 692.5. The company’s market cap is £17.245 billion.
The company also recently announced a dividend, which is scheduled for Monday, February 24th. Shareholders of record on Wednesday, January 22nd will be paid a dividend of GBX 16 ($0.26) per share. This represents a dividend yield of 1.7%. The ex-dividend date is Wednesday, January 22nd.
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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