Compass Group (LON:CPG) Upgraded at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Compass Group (LON:CPG) to an outperform rating in a research report sent to investors on Monday morning, MarketBeat Ratings reports. They currently have GBX 2,775 target price on the stock, up from their previous target price of GBX 2,700.

Several other equities research analysts have also recently issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,000 target price on shares of Compass Group in a report on Friday, October 10th. Berenberg Bank restated a “buy” rating and set a GBX 3,000 price target on shares of Compass Group in a report on Tuesday, October 21st. Citigroup raised Compass Group to a “buy” rating and lifted their price objective for the stock from GBX 2,750 to GBX 3,000 in a research note on Thursday, November 27th. Finally, Deutsche Bank Aktiengesellschaft upgraded Compass Group to a “buy” rating and increased their target price for the company from GBX 2,700 to GBX 2,900 in a research report on Thursday, September 11th. Seven analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 2,962.50.

Compass Group Stock Performance

Shares of LON CPG opened at GBX 2,327 on Monday. The company has a market cap of £39.49 billion, a P/E ratio of 27.09, a P/E/G ratio of 1.42 and a beta of 0.81. Compass Group has a 52-week low of GBX 2,324 and a 52-week high of GBX 2,853. The company has a debt-to-equity ratio of 86.56, a quick ratio of 0.86 and a current ratio of 0.74. The firm’s fifty day moving average is GBX 2,497.12 and its two-hundred day moving average is GBX 2,544.02.

Insider Transactions at Compass Group

In other news, insider Leanne Wood acquired 444 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were acquired at an average price of GBX 2,392 per share, for a total transaction of £10,620.48. 0.52% of the stock is currently owned by corporate insiders.

Compass Group Company Profile

Compass Group PLC is a world leading food service company, which generated annual revenues of $42.2 billion in the year to 30 September 2024. It serves meals to millions of people in c. 30 countries and employs and engages with c. 580,000 people. The Company specialises in providing food and a range of targeted support services across the core sectors of Business & Industry, Healthcare & Senior Living, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.