Compass Group (LON:CPG)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a note issued to investors on Monday. They currently have a GBX 1,850 ($25.09) price target on the stock. Liberum Capital’s price objective suggests a potential upside of 20.44% from the company’s previous close.
Several other brokerages have also recently commented on CPG. Peel Hunt reissued a “buy” rating on shares of Compass Group in a research report on Tuesday, December 19th. Credit Suisse Group increased their price target on Compass Group from GBX 1,870 ($25.36) to GBX 1,880 ($25.49) and gave the company an “outperform” rating in a research report on Friday, November 10th. JPMorgan Chase & Co. increased their price target on Compass Group from GBX 1,745 ($23.66) to GBX 1,785 ($24.21) and gave the company an “overweight” rating in a research report on Friday, January 12th. Panmure Gordon reissued a “hold” rating and set a GBX 1,560 ($21.16) price target on shares of Compass Group in a research report on Tuesday, November 21st. Finally, Royal Bank of Canada raised Compass Group to an “outperform” rating and increased their price target for the company from GBX 1,530 ($20.75) to GBX 1,750 ($23.73) in a research report on Friday, October 27th. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Compass Group presently has an average rating of “Hold” and an average target price of GBX 1,686.06 ($22.86).
Compass Group (LON CPG) opened at GBX 1,536 ($20.83) on Monday. The stock has a market capitalization of $24,180.00 and a PE ratio of 2,163.38. Compass Group has a fifty-two week low of GBX 1,370 ($18.58) and a fifty-two week high of GBX 1,698 ($23.03).
Compass Group (LON:CPG) last posted its quarterly earnings data on Tuesday, November 21st. The company reported GBX 72.30 ($0.98) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of GBX 71.90 ($0.98) by GBX 0.40 ($0.01). The business had revenue of GBX 2,256.80 billion during the quarter. Compass Group had a return on equity of 44.47% and a net margin of 4.95%.
In related news, insider Mark White sold 17,386 shares of Compass Group stock in a transaction that occurred on Thursday, November 23rd. The stock was sold at an average price of GBX 1,520 ($20.61), for a total transaction of £264,267.20 ($358,377.00).
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Compass Group Company Profile
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.
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