Compass Group plc’s (LON:CPG) Hold Rating Reaffirmed at Numis Securities Ltd
Compass Group plc (LON:CPG)‘s stock had its “hold” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Thursday. They currently have a GBX 1,620 ($21.10) price target on the stock. Numis Securities Ltd’s price target suggests a potential downside of 0.43% from the stock’s previous close.
Other analysts also recently issued reports about the company. Beaufort Securities raised Compass Group plc to a “buy” rating and set a GBX 1,700 ($22.15) price target for the company in a research report on Friday, March 31st. Peel Hunt reaffirmed a “buy” rating on shares of Compass Group plc in a research report on Friday, May 5th. HSBC Holdings plc initiated coverage on Compass Group plc in a research report on Wednesday, June 21st. They set a “buy” rating and a GBX 1,850 ($24.10) price target for the company. Berenberg Bank increased their price target on Compass Group plc from GBX 1,650 ($21.50) to GBX 1,800 ($23.45) and gave the company a “buy” rating in a research report on Thursday, June 29th. Finally, Liberum Capital initiated coverage on Compass Group plc in a research report on Wednesday, July 5th. They set a “buy” rating and a GBX 1,850 ($24.10) price target for the company. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 1,615.83 ($21.05).
Shares of Compass Group plc (CPG) opened at 1622.00 on Thursday. The company has a 50-day moving average price of GBX 1,631.08 and a 200 day moving average price of GBX 1,510.16. Compass Group plc has a 1-year low of GBX 1,299.00 and a 1-year high of GBX 1,698.00. The company’s market capitalization is GBX 25.64 billion.
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Compass Group plc Company Profile
Compass Group PLC provides food and support services. The Company’s segments include North America, Europe, Rest of World and Central activities. The Europe segment includes Turkey and Russia. The Rest of World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure.
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