Compass Group plc Stock Rating Lowered by Societe Generale (CPG)
Compass Group plc (LON:CPG) was downgraded by stock analysts at Societe Generale to a “hold” rating in a report issued on Tuesday. They currently have a GBX 1,100 ($18.87) price objective on the stock, down from their previous price objective of GBX 1,130 ($19.38). Societe Generale’s target price points to a potential upside of 7.32% from the company’s current price.
Compass Group plc (LON:CPG) traded down 0.67% on Tuesday, hitting GBX 1026.00. The stock had a trading volume of 11,250,901 shares. Compass Group plc has a 52-week low of GBX 874.438 and a 52-week high of GBX 1115.625. The stock has a 50-day moving average of GBX 783.5 and a 200-day moving average of GBX 850.1. The company’s market cap is £18.417 billion.
A number of other analysts have also recently weighed in on CPG. Analysts at HSBC reiterated an “underweight” rating on shares of Compass Group plc in a research note on Thursday, July 3rd. They now have a GBX 850 ($14.58) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Compass Group plc in a research note on Tuesday, June 24th. They now have a GBX 1,120 ($19.21) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Compass Group plc in a research note on Monday, June 16th. They now have a GBX 1,200 ($20.58) price target on the stock. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 978.76 ($16.79).
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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