Compass Group PLC (LON:CPG) Receives GBX 2,979.17 Average Target Price from Analysts

Compass Group PLC (LON:CPG) has received an average recommendation of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a buy rating. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 2,979.17.

Several equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Compass Group to a “buy” rating and lifted their price objective for the company from GBX 2,700 to GBX 2,900 in a research report on Thursday, September 11th. Jefferies Financial Group restated a “buy” rating and set a GBX 3,000 price objective on shares of Compass Group in a research report on Friday, October 10th. Berenberg Bank lifted their target price on shares of Compass Group from GBX 3,000 to GBX 3,100 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Citigroup raised Compass Group to a “buy” rating and boosted their price objective for the company from GBX 2,750 to GBX 3,000 in a research note on Thursday, November 27th. Finally, Royal Bank Of Canada upgraded shares of Compass Group to an “outperform” rating and raised their price target for the stock from GBX 2,700 to GBX 2,775 in a report on Monday, December 1st.

Insider Transactions at Compass Group

In other news, insider Leanne Wood bought 444 shares of the stock in a transaction dated 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. Company insiders own 0.52% of the company’s stock.

Compass Group Stock Performance

Shares of LON CPG opened at GBX 2,370 on Friday. The business’s 50-day simple moving average is GBX 2,444.34 and its 200-day simple moving average is GBX 2,513.84. The firm has a market cap of £40.22 billion, a price-to-earnings ratio of 21.57, a P/E/G ratio of 1.42 and a beta of 0.81. The company has a debt-to-equity ratio of 86.56, a quick ratio of 0.86 and a current ratio of 0.74. Compass Group has a 52 week low of GBX 2,314 and a 52 week high of GBX 2,853.

Compass Group Company Profile

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.