Credit Suisse Reiterates “Outperform” Rating for Compass Group (CPG)
Compass Group (LON:CPG)‘s stock had its “outperform” rating restated by stock analysts at Credit Suisse in a report issued on Monday, Stock Ratings Network.com reports. They currently have a GBX 1,045 ($17.22) target price on the stock. Credit Suisse’s price objective would suggest a potential upside of 11.84% from the stock’s previous close.
Compass Group (LON:CPG) traded down 0.92% during mid-day trading on Monday, hitting GBX 910.4999. The stock had a trading volume of 4,305,407 shares. Compass Group has a 52-week low of GBX 757.50 and a 52-week high of GBX 985.4999. The stock’s 50-day moving average is GBX 564.7 and its 200-day moving average is GBX 659.5. The company’s market cap is £16.424 billion.
A number of other analysts have also recently weighed in on CPG. Analysts at Barclays reiterated an “overweight” rating on shares of Compass Group in a research note to investors on Thursday, January 9th. They now have a GBX 1,060 ($17.47) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Compass Group in a research note to investors on Tuesday, January 7th. They now have a GBX 1,055 ($17.38) price target on the stock. Finally, 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 ($16.64) price target on the stock. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 945.41 ($15.58).
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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