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.
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).
COPYRIGHT VIOLATION WARNING: “Compass Group (CPG) Receives “Hold” Rating from Numis Securities” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.americanbankingnews.com/2018/02/09/compass-group-cpg-receives-hold-rating-from-numis-securities.html.
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.