Compass Group plc Upgraded to “Neutral” at HSBC (CPG)
Compass Group plc (LON:CPG) was upgraded by HSBC to a “neutral” rating in a research note issued on Friday. The firm currently has a GBX 960 ($16.15) price target on the stock. HSBC’s target price points to a potential upside of 0.16% from the stock’s previous close.
Shares of Compass Group plc (LON:CPG) opened at 954.00 on Friday. Compass Group plc has a one year low of GBX 874.4371 and a one year high of GBX 1115.625. The stock’s 50-day moving average is GBX 1028.18 and its 200-day moving average is GBX 1009.. The company’s market cap is £16.117 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Compass Group plc in a research note on Monday. They now have a GBX 1,000 ($16.83) price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Compass Group plc from GBX 1,120 ($18.85) to GBX 1,130 ($19.01) in a research note on Thursday, July 31st. They now have an “outperform” rating on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Compass Group plc in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the company. Compass Group plc presently has a consensus rating of “Hold” and a consensus price target of GBX 1,006.93 ($16.94).
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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