Investment analysts at Morgan Stanley upped their target price on shares of Compass Group (LON: CPG) from $11.12 (732 GBX) to $12.34 (812 GBX) in a note issued to investors on Wednesday, AnalystRatingsNetwork reports. The firm currently has an “equal-weight” rating on the stock.
Compass Group (LON: CPG) opened at 850.00 on Wednesday. Compass Group has a 52-week low of GBX 611.00 and a 52-week high of GBX 863.00. The stock’s 50-day moving average is currently GBX 699.3. The company’s market cap is £15.767 billion.
Several other analysts have also recently commented on the stock. Analysts at Investec raised their price target on shares of Compass Group from $12.19 to $13.71 in a research note to investors on Tuesday, March 26th. They now have a “buy” rating on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “hold” rating on shares of Compass Group in a research note to investors on Tuesday, March 26th. Finally, analysts at Numis Securities Ltd downgraded shares of Compass Group to a “hold” rating in a research note to investors on Tuesday, March 26th. They now have a $12.95 price target on the stock.
Two analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company’s stock. Compass Group presently has a consensus rating of “Hold” and an average target price of $12.48 (821 GBX).
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.