Barclays reaffirmed their equal weight rating on shares of Compass Group (LON:CPG) in a research report report published on Thursday, Digital Look reports. They currently have a GBX 2,000 ($26.13) price objective on the stock.
A number of other brokerages also recently issued reports on CPG. JPMorgan Chase & Co. boosted their price objective on shares of Compass Group from GBX 1,730 ($22.61) to GBX 2,100 ($27.44) and gave the company an overweight rating in a research report on Tuesday, July 30th. Liberum Capital reissued a buy rating on shares of Compass Group in a research report on Wednesday, September 4th. UBS Group reissued a buy rating on shares of Compass Group in a research report on Friday, July 26th. Finally, Shore Capital reissued a hold rating on shares of Compass Group in a research report on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of GBX 1,803.46 ($23.57).
LON:CPG traded down GBX 5 ($0.07) during trading hours on Thursday, reaching GBX 2,002 ($26.16). The company had a trading volume of 2,331,230 shares, compared to its average volume of 3,910,000. The company has a current ratio of 0.85, a quick ratio of 0.74 and a debt-to-equity ratio of 150.26. Compass Group has a 52 week low of GBX 1,467.50 ($19.18) and a 52 week high of GBX 2,150 ($28.09). The firm has a market cap of $31.76 billion and a price-to-earnings ratio of 27.13. The firm’s 50 day moving average price is GBX 2,048.55 and its 200-day moving average price is GBX 1,912.89.
About Compass Group
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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