Compass Group (CPG) Price Target Increased to GBX 1,785 by Analysts at JPMorgan Chase & Co.
Compass Group (LON:CPG) had its target price raised by investment analysts at JPMorgan Chase & Co. from GBX 1,745 ($23.66) to GBX 1,785 ($24.21) in a research note issued on Friday. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 15.12% from the stock’s previous close.
Several other equities research analysts have also commented on the company. N+1 Singer restated a “buy” rating on shares of Compass Group in a research note on Tuesday, December 19th. Barclays restated an “overweight” rating and issued a GBX 1,800 ($24.41) price objective on shares of Compass Group in a research note on Wednesday, November 29th. Credit Suisse Group upped their price objective on Compass Group from GBX 1,870 ($25.36) to GBX 1,880 ($25.49) and gave the stock an “outperform” rating in a research note on Friday, November 10th. Panmure Gordon restated a “hold” rating and issued a GBX 1,560 ($21.16) price objective on shares of Compass Group in a research note on Tuesday, November 21st. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 1,800 ($24.41) price objective on shares of Compass Group in a research note on Wednesday, November 22nd. Ten equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 1,686.06 ($22.86).
Compass Group (CPG) traded up GBX 8 ($0.11) during trading hours on Friday, hitting GBX 1,550.50 ($21.03). The stock had a trading volume of 3,730,000 shares, compared to its average volume of 3,390,000. The stock has a market cap of $24,550.00 and a price-to-earnings ratio of 2,183.80. Compass Group has a 52-week low of GBX 1,370 ($18.58) and a 52-week high of GBX 1,698 ($23.03).
In other news, insider Mark White sold 17,386 shares of the firm’s stock in a transaction dated Thursday, November 23rd. The stock was sold at an average price of GBX 1,520 ($20.61), for a total transaction of £264,267.20 ($358,377.00).
About Compass Group
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Group and related companies with MarketBeat.com's FREE daily email newsletter.