Compass Group Price Target Increased to GBX 1,060 by Analysts at JPMorgan Chase & Co. (CPG)
Equities research analysts at JPMorgan Chase & Co. increased their target price on shares of Compass Group (LON:CPG) from GBX 950 ($15.65) to GBX 1,060 ($17.47) in a research note issued to investors on Friday, Stock Ratings Network.com reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 13.45% from the company’s current price.
A number of other analysts have also recently weighed in on CPG. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Compass Group in a research note to investors on Monday, January 20th. They now have a GBX 1,045 ($17.22) price target on the stock. Separately, 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. Finally, 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. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company. Compass Group currently has an average rating of “Hold” and an average target price of GBX 945.41 ($15.58).
Compass Group (LON:CPG) traded down 0.92% during mid-day trading on Friday, hitting GBX 910.4999. The stock had a trading volume of 4,305,407 shares. Compass Group has a one year low of GBX 757.50 and a one year high of GBX 985.4999. The stock has a 50-day moving average of GBX 564.7 and a 200-day moving average of GBX 659.5. The company’s market cap is £16.424 billion.
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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