Panmure Gordon Reiterates “Hold” Rating for Compass Group (CPG)
Compass Group (LON:CPG)‘s stock had its “hold” rating reaffirmed by investment analysts at Panmure Gordon in a note issued to investors on Friday, American Banking News reports. They currently have a GBX 900 ($14.83) price target on the stock. Panmure Gordon’s target price suggests a potential downside of 1.15% from the company’s current price.
A number of other firms have also recently commented on CPG. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Compass Group in a research note to investors on Wednesday. They now have a GBX 900 ($14.83) price target on the stock. Separately, 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. Finally, 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. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target 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 1-year low of GBX 757.50 and a 1-year high of GBX 985.4999. The stock has a 50-day moving average of GBX 540.3 and a 200-day moving average of GBX 653.3. 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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