Compass Group plc (LON:CPG) has received a consensus rating of “Hold” from the fifteen brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 1,794.58 ($23.45).
A number of equities research analysts have recently issued reports on CPG shares. Royal Bank of Canada downgraded shares of Compass Group to a “sector performer” rating and increased their price target for the stock from GBX 1,750 ($22.87) to GBX 1,800 ($23.52) in a report on Friday, June 7th. UBS Group reissued a “buy” rating on shares of Compass Group in a report on Friday, July 26th. Barclays increased their price target on shares of Compass Group from GBX 1,970 ($25.74) to GBX 2,000 ($26.13) and gave the stock an “equal weight” rating in a report on Friday, September 6th. JPMorgan Chase & Co. increased their price target on shares of Compass Group from GBX 1,730 ($22.61) to GBX 2,100 ($27.44) and gave the stock an “overweight” rating in a report on Tuesday, July 30th. Finally, Canaccord Genuity reissued a “hold” rating and issued a GBX 1,750 ($22.87) price target on shares of Compass Group in a report on Tuesday, May 28th.
In other news, insider Gary Green sold 142,180 shares of the firm’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of GBX 2,019 ($26.38), for a total value of £2,870,614.20 ($3,750,965.90). Also, insider Anne-Francoise Nesmes bought 1,326 shares of the business’s stock in a transaction dated Thursday, June 27th. The stock was purchased at an average price of GBX 1,874 ($24.49) per share, for a total transaction of £24,849.24 ($32,469.93).
Compass Group Company Profile
Compass Group PLC, through its subsidiaries, operates as a food and support services company in North America, Europe, and internationally. It serves business and industry; healthcare and senior living market; education; sports and leisure; and defense, offshore, and remote sectors. The company also offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.
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