Compass Group (LON:CPG) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Compass Group PLC (LON:CPG) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,509.29 and traded as low as GBX 2,357. Compass Group shares last traded at GBX 2,363, with a volume of 1,262,620 shares.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CPG shares. Berenberg Bank lifted their price objective on shares of Compass Group from GBX 3,000 to GBX 3,100 and gave the company a “buy” rating in a report on Thursday, December 4th. Citigroup raised shares of Compass Group to a “buy” rating and raised their target price for the stock from GBX 2,750 to GBX 3,000 in a research report on Thursday, November 27th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,000 price target on shares of Compass Group in a report on Friday, October 10th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 3,100 price objective on shares of Compass Group in a research note on Tuesday, December 2nd. Finally, Deutsche Bank Aktiengesellschaft upgraded Compass Group to a “buy” rating and raised their price objective for the stock from GBX 2,700 to GBX 2,900 in a report on Thursday, September 11th. Seven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Compass Group presently has an average rating of “Buy” and an average price target of GBX 2,979.17.

Compass Group Price Performance

The company has a current ratio of 0.74, a quick ratio of 0.86 and a debt-to-equity ratio of 86.56. The firm’s 50-day moving average price is GBX 2,437.97 and its two-hundred day moving average price is GBX 2,509.29. The stock has a market cap of £40.10 billion, a PE ratio of 21.50, a PEG ratio of 1.42 and a beta of 0.81.

Insiders Place Their Bets

In related news, insider Leanne Wood bought 444 shares of the stock in a transaction on Tuesday, November 25th. The stock was bought 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.

About Compass Group

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.