Credit Suisse Increases Compass Group plc Price Target to GBX 1,120 (CPG)
Credit Suisse boosted their price target on shares of Compass Group plc (LON:CPG) from GBX 1,045 ($17.52) to GBX 1,120 ($18.78) in a research note issued on Friday. The firm currently has an “outperform” rating on the stock. Credit Suisse’s target price would suggest a potential upside of 12.00% from the stock’s previous close.
Compass Group plc (LON:CPG) traded up 0.80% during mid-day trading on Friday, hitting GBX 1008.00. 523,896 shares of the company’s stock traded hands. Compass Group plc has a one year low of GBX 807.00 and a one year high of GBX 1039.00. The stock has a 50-day moving average of GBX 596.5 and a 200-day moving average of GBX 759.5. The company’s market cap is £18.094 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, July 29th. Investors of record on Tuesday, July 8th will be paid a dividend of GBX 56 ($0.94) per share. This represents a dividend yield of 5.63%. The ex-dividend date is Tuesday, July 8th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura raised their price target on shares of Compass Group plc from GBX 1,055 ($17.69) to GBX 1,120 ($18.78) in a research note on Tuesday, May 20th. They now have a “buy” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Compass Group plc in a research note on Wednesday, May 14th. They now have a GBX 900 ($15.09) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Compass Group plc in a research note on Wednesday, May 14th. They now have a GBX 1,090 ($18.27) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the company’s stock. Compass Group plc presently has a consensus rating of “Hold” and an average target price of GBX 968.52 ($16.24).
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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