Compass Group plc (CPG) Rating Reiterated by Berenberg Bank
Compass Group plc (LON:CPG)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a report issued on Wednesday. They presently have a GBX 1,800 ($23.67) price target on the stock. Berenberg Bank’s price target indicates a potential upside of 17.96% from the company’s previous close.
A number of other analysts have also weighed in on the stock. Peel Hunt restated a “buy” rating on shares of Compass Group plc in a research note on Monday, September 4th. Numis Securities Ltd restated a “hold” rating and set a GBX 1,620 ($21.31) price objective on shares of Compass Group plc in a research note on Thursday, July 27th. Credit Suisse Group raised their price objective on shares of Compass Group plc from GBX 1,870 ($24.60) to GBX 1,880 ($24.73) and gave the company an “outperform” rating in a research note on Friday, November 10th. Royal Bank Of Canada upgraded shares of Compass Group plc to an “outperform” rating and raised their price objective for the company from GBX 1,530 ($20.12) to GBX 1,750 ($23.02) in a research note on Friday, October 27th. Finally, Liberum Capital restated a “buy” rating and set a GBX 1,850 ($24.33) price objective on shares of Compass Group plc in a research note on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,654.53 ($21.76).
Compass Group plc (LON:CPG) opened at GBX 1,525.90 ($20.07) on Wednesday. Compass Group plc has a 12 month low of GBX 1,305 ($17.16) and a 12 month high of GBX 1,698 ($22.33).
WARNING: “Compass Group plc (CPG) Rating Reiterated by Berenberg Bank” was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/11/22/compass-group-plc-cpg-rating-reiterated-by-berenberg-bank.html.
In other Compass Group plc news, insider Paul Walsh acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The shares were bought at an average price of GBX 1,571 ($20.66) per share, with a total value of £157,100 ($206,628.96).
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.
Receive News & Ratings for Compass Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Group plc and related companies with MarketBeat.com's FREE daily email newsletter.