Compass Group plc (CPG) Given Average Rating of “Hold” by Analysts

Shares of Compass Group plc (LON:CPG) have been given an average recommendation of “Hold” by the eighteen ratings firms that are presently covering the firm, Marketbeat.com reports. Ten research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 1,683.56 ($22.66).

CPG has been the topic of a number of recent analyst reports. Peel Hunt reiterated a “buy” rating on shares of Compass Group in a research report on Monday, September 4th. Credit Suisse Group increased their price objective on Compass Group from GBX 1,870 ($25.17) to GBX 1,880 ($25.30) and gave the stock an “outperform” rating in a research report on Friday, November 10th. Royal Bank Of Canada raised Compass Group to an “outperform” rating and increased their target price for the company from GBX 1,530 ($20.59) to GBX 1,750 ($23.55) in a research note on Friday, October 27th. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,745 ($23.49) target price on shares of Compass Group in a research note on Wednesday, November 22nd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,800 ($24.23) target price on shares of Compass Group in a research note on Thursday, September 21st.

In related news, insider Paul Walsh bought 10,000 shares of the business’s stock in a transaction on Thursday, September 21st. The stock was acquired at an average price of GBX 1,571 ($21.14) per share, with a total value of £157,100 ($211,440.11). Also, 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 ($20.46), for a total transaction of £264,267.20 ($355,675.91).

Compass Group (LON CPG) opened at GBX 1,505 ($20.26) on Thursday. Compass Group has a 12 month low of GBX 1,305 ($17.56) and a 12 month high of GBX 1,698 ($22.85).

Compass Group (LON:CPG) last posted its earnings results on Tuesday, November 21st. The company reported GBX 72.30 ($0.97) earnings per share (EPS) for the quarter, topping the consensus estimate of GBX 71.90 ($0.97) by GBX 0.40 ($0.01). The firm had revenue of GBX 2,256.80 billion for the quarter. Compass Group had a return on equity of 46.40% and a net margin of 5.42%.

The business also recently announced a dividend, which will be paid on Monday, February 26th. Shareholders of record on Thursday, January 18th will be given a GBX 22.30 ($0.30) dividend. This represents a yield of 1.48%. The ex-dividend date of this dividend is Thursday, January 18th.

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About Compass Group

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.

Analyst Recommendations for Compass Group (LON:CPG)

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