Compass Group’s (CPG) Overweight Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Compass Group (LON:CPG) in a research note published on Tuesday morning, Marketbeat Ratings reports. They currently have a GBX 3,100 target price on the stock.

Several other equities research analysts also recently weighed in on CPG. Citigroup raised shares of Compass Group to a “buy” rating and upped their target price for the stock from GBX 2,750 to GBX 3,000 in a research note on Thursday, November 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Compass Group to a “buy” rating and boosted their price target for the stock from GBX 2,700 to GBX 2,900 in a research note on Thursday, September 11th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,000 price objective on shares of Compass Group in a research note on Friday, October 10th. Berenberg Bank reiterated a “buy” rating and issued a GBX 3,000 target price on shares of Compass Group in a report on Tuesday, October 21st. Finally, Royal Bank Of Canada raised Compass Group to an “outperform” rating and boosted their target price for the stock from GBX 2,700 to GBX 2,775 in a research note on Monday. Seven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 2,962.50.

Compass Group Stock Performance

LON CPG opened at GBX 2,360 on Tuesday. The company has a debt-to-equity ratio of 86.56, a current ratio of 0.74 and a quick ratio of 0.86. The company has a market cap of £40.05 billion, a P/E ratio of 27.47, a P/E/G ratio of 1.42 and a beta of 0.81. The stock has a 50-day moving average of GBX 2,494.84 and a two-hundred day moving average of GBX 2,542.74. Compass Group has a 1-year low of GBX 2,324 and a 1-year high of GBX 2,853.

Insider Transactions at Compass Group

In related news, insider Leanne Wood purchased 444 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were bought at an average cost of GBX 2,392 per share, for a total transaction of £10,620.48. 0.52% of the stock is owned by company 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.