Compass Group (LON:CPG) Price Target Raised to GBX 3,100

Compass Group (LON:CPG) had its target price increased by Berenberg Bank from GBX 3,000 to GBX 3,100 in a research note released on Thursday morning, MarketBeat Ratings reports. They currently have a buy rating on the stock.

A number of other research analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Compass Group to a “buy” rating and upped their price target for the stock from GBX 2,700 to GBX 2,900 in a report on Thursday, September 11th. Jefferies Financial Group restated a “buy” rating and issued a GBX 3,000 target price on shares of Compass Group in a research note on Friday, October 10th. Royal Bank Of Canada raised shares of Compass Group to an “outperform” rating and raised their target price for the stock from GBX 2,700 to GBX 2,775 in a research report on Monday, December 1st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 3,100 price target on shares of Compass Group in a research note on Tuesday, December 2nd. Finally, Citigroup raised Compass Group to a “buy” rating and increased their price objective for the stock from GBX 2,750 to GBX 3,000 in a research note on Thursday, November 27th. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Compass Group currently has an average rating of “Buy” and an average target price of GBX 2,979.17.

Compass Group Stock Up 0.4%

CPG opened at GBX 2,370 on Thursday. The company has a quick ratio of 0.86, a current ratio of 0.74 and a debt-to-equity ratio of 86.56. The firm has a 50 day moving average price of GBX 2,491.78 and a 200-day moving average price of GBX 2,540.05. Compass Group has a twelve month low of GBX 2,324 and a twelve month high of GBX 2,853. The stock has a market capitalization of £40.22 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 1.42 and a beta of 0.81.

Insider Transactions at Compass Group

In related news, insider Leanne Wood purchased 444 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were acquired at an average cost of GBX 2,392 per share, for a total transaction of £10,620.48. Company insiders own 0.52% of the company’s stock.

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.