Compass Group’s Hold Rating Reaffirmed at Numis Securities Ltd (CPG)
Compass Group (LON:CPG)‘s stock had its “hold” rating reiterated by research analysts at Numis Securities Ltd in a report released on Wednesday, American Banking and Market News reports. They currently have a GBX 900 ($14.83) price objective on the stock. Numis Securities Ltd’s target price suggests a potential downside of 3.68% from the stock’s previous close.
Shares of Compass Group (LON:CPG) traded down 0.92% on Wednesday, 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’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.
CPG has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Compass Group in a research note to investors on Tuesday. They now have a GBX 950 ($15.65) price target on the stock. Separately, analysts at Oriel Securities Ltd downgraded shares of Compass Group to a “hold” rating in a research note to investors on Friday, January 24th. They now have a GBX 800 ($13.18) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Compass Group from GBX 950 ($15.65) to GBX 1,060 ($17.47) in a research note to investors on Friday, January 24th. They now have an “overweight” rating on the stock. One research 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. The stock 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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