Compass Group (CPG) Given Hold Rating at Stifel Nicolaus

Compass Group (LON:CPG)‘s stock had its “hold” rating reaffirmed by Stifel Nicolaus in a report released on Thursday. They presently have a GBX 1,600 ($22.43) price target on the stock. Stifel Nicolaus’ price target points to a potential upside of 5.96% from the company’s previous close.

A number of other equities analysts have also recently commented on the stock. N+1 Singer reissued a “buy” rating on shares of Compass Group in a research note on Tuesday, December 19th. Barclays reaffirmed an “overweight” rating and issued a GBX 1,800 ($25.24) price objective on shares of Compass Group in a research note on Wednesday, November 29th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 1,850 ($25.94) price objective on shares of Compass Group in a research note on Monday, January 22nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,745 ($24.47) price objective on shares of Compass Group in a research note on Wednesday, November 22nd. Finally, Panmure Gordon reissued a “hold” rating and set a GBX 1,560 ($21.87) price target on shares of Compass Group in a research report on Tuesday, November 21st. Eleven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Compass Group has a consensus rating of “Hold” and a consensus price target of GBX 1,681 ($23.57).

Compass Group (LON CPG) traded down GBX 3.52 ($0.05) during trading on Thursday, reaching GBX 1,509.98 ($21.17). 5,870,000 shares of the company were exchanged, compared to its average volume of 3,970,000. The company has a market cap of $23,910.00 and a price-to-earnings ratio of 2,126.73. Compass Group has a twelve month low of GBX 1,396.50 ($19.58) and a twelve month high of GBX 1,698 ($23.81).

Compass Group (LON:CPG) last posted its earnings results on Tuesday, November 21st. The company reported GBX 72.30 ($1.01) earnings per share for the quarter, topping the Zacks’ consensus estimate 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 business had revenue of GBX 2,256.80 billion for the quarter.

In other news, insider Mark White sold 17,386 shares of Compass Group stock in a transaction that occurred on 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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Compass Group 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.

Analyst Recommendations for Compass Group (LON:CPG)

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