Compass Group (CPG) Receives “Hold” Rating from Numis Securities

Compass Group (LON:CPG)‘s stock had its “hold” rating reaffirmed by stock analysts at Numis Securities in a research report issued to clients and investors on Friday. They presently have a GBX 1,650 ($23.14) price objective on the stock. Numis Securities’ price objective indicates a potential upside of 9.16% from the stock’s previous close.

A number of other analysts also recently issued reports on the stock. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 1,600 ($22.43) price objective on shares of Compass Group in a report on Thursday. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,850 ($25.94) price objective on shares of Compass Group in a report on Thursday. Shore Capital reaffirmed a “hold” rating on shares of Compass Group in a report on Thursday. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 1,850 ($25.94) price objective on shares of Compass Group in a report on Monday, January 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Compass Group from GBX 1,745 ($24.47) to GBX 1,785 ($25.03) and gave the stock an “overweight” rating in a report on Friday, January 12th. Eleven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,681 ($23.57).

Shares of Compass Group (LON:CPG) opened at GBX 1,511.50 ($21.19) on Friday. Compass Group has a fifty-two week low of GBX 1,396.50 ($19.58) and a fifty-two week high of GBX 1,698 ($23.81). The stock has a market cap of $23,960.00 and a price-to-earnings ratio of 2,128.87.

Compass Group (LON:CPG) last posted its quarterly earnings data on Tuesday, November 21st. The company reported GBX 72.30 ($1.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 71.90 ($1.01) by GBX 0.40 ($0.01). Compass Group had a net margin of 4.95% and a return on equity of 44.47%. The company had revenue of GBX 2,256.80 billion during the quarter.

In other news, insider Mark White sold 17,386 shares of the company’s stock in a transaction dated Thursday, November 23rd. The shares were sold at an average price of GBX 1,520 ($21.31), for a total transaction of £264,267.20 ($370,537.30).

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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.

Analyst Recommendations for Compass Group (LON:CPG)

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