Nomura Reiterates “Buy” Rating for Compass Group (CPG)
Compass Group (LON:CPG)‘s stock had its “buy” rating reiterated by equities research analysts at Nomura in a research note issued to investors on Tuesday, Analyst RN reports. They currently have a GBX 1,055 ($17.30) price target on the stock. Nomura’s target price points to a potential upside of 10.70% from the company’s current price.
A number of other firms have also recently commented on CPG. 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. Separately, 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. Finally, analysts at Galvan Research reiterated a “buy” rating on shares of Compass Group in a research note to investors on Monday, December 2nd. They now have a GBX 1,000 ($16.40) price target on the stock. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have assigned a buy rating to the company. Compass Group has an average rating of “Hold” and an average price target of GBX 939.50 ($15.41).
Shares of Compass Group (LON:CPG) opened at 953.00 on Tuesday. Compass Group has a 52-week low of GBX 736.50 and a 52-week high of GBX 976.00. The stock has a 50-day moving average of GBX 633.7 and a 200-day moving average of GBX 691.3. The company’s market cap is £17.191 billion.
The company also recently announced a dividend, which is scheduled for Monday, February 24th. Investors 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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