Shore Capital Reaffirms Hold Rating for Compass Group (CPG)

Compass Group (LON:CPG)‘s stock had its “hold” rating reissued by Shore Capital in a research report issued to clients and investors on Thursday.

Other research analysts also recently issued research reports about the stock. Liberum Capital restated a “buy” rating and set a GBX 1,850 ($25.94) price target on shares of Compass Group in a report on Monday, January 22nd. Berenberg Bank restated a “buy” rating and set a GBX 1,800 ($25.24) price target on shares of Compass Group in a report on Wednesday, November 22nd. Peel Hunt restated a “buy” rating on shares of Compass Group in a report on Tuesday, December 19th. N+1 Singer restated a “buy” rating on shares of Compass Group in a report on Tuesday, December 19th. Finally, Beaufort Securities downgraded shares of Compass Group to a “hold” rating and cut their price target for the company from GBX 1,700 ($23.84) to GBX 1,650 ($23.14) in a report on Wednesday, November 22nd. Eleven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Compass Group presently has a consensus rating of “Hold” and a consensus target price of GBX 1,681 ($23.57).

Compass Group (LON CPG) traded down GBX 3.52 ($0.05) during mid-day trading on Thursday, reaching GBX 1,509.98 ($21.17). 5,870,000 shares of the company’s stock were exchanged, compared to its average volume of 3,970,000. Compass Group has a 12 month low of GBX 1,396.50 ($19.58) and a 12 month high of GBX 1,698 ($23.81). The stock has a market cap of $23,910.00 and a P/E ratio of 2,126.73.

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

In other Compass Group news, insider Mark White sold 17,386 shares of the firm’s stock in a transaction on Thursday, November 23rd. The shares were sold at an average price of GBX 1,520 ($21.31), for a total value 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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