Compass Group plc (CPG) Receives Average Rating of “Hold” from Brokerages
Shares of Compass Group plc (LON:CPG) have earned a consensus recommendation of “Hold” from the twenty brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 1,637.94 ($21.76).
Several brokerages have commented on CPG. HSBC Holdings plc began coverage on Compass Group plc in a report on Wednesday, June 21st. They set a “buy” rating and a GBX 1,850 ($24.58) target price on the stock. Peel Hunt reaffirmed a “buy” rating on shares of Compass Group plc in a report on Monday, September 4th. Berenberg Bank lifted their target price on Compass Group plc from GBX 1,650 ($21.92) to GBX 1,800 ($23.92) and gave the stock a “buy” rating in a report on Thursday, June 29th. Bryan, Garnier & Co reaffirmed a “neutral” rating and set a GBX 1,550 ($20.60) target price on shares of Compass Group plc in a report on Tuesday, August 29th. Finally, Credit Suisse Group lifted their target price on Compass Group plc from GBX 1,750 ($23.25) to GBX 1,870 ($24.85) and gave the stock an “outperform” rating in a report on Thursday, July 27th.
Shares of Compass Group plc (LON CPG) opened at 1604.00 on Wednesday. The company’s market cap is GBX 25.36 billion. The stock’s 50 day moving average price is GBX 1,631.08 and its 200-day moving average price is GBX 1,510.16. Compass Group plc has a 52-week low of GBX 1,299.00 and a 52-week high of GBX 1,698.00.
In other news, insider Paul Walsh bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The stock was acquired at an average cost of GBX 1,571 ($20.87) per share, with a total value of £157,100 ($208,743.02).
About Compass Group plc
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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