Compass Group plc (LON:CPG) had its price objective upped by equities researchers at Royal Bank Of Canada from GBX 1,480 ($18.32) to GBX 1,530 ($18.94) in a note issued to investors on Thursday. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 3.45% from the stock’s previous close.
Several other equities analysts have also issued reports on CPG. Societe Generale raised their price objective on Compass Group plc from GBX 1,190 ($14.73) to GBX 1,290 ($15.97) and gave the stock a “sell” rating in a report on Thursday, September 29th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 1,500 ($18.56) price objective on shares of Compass Group plc in a report on Monday, September 26th. Panmure Gordon reaffirmed a “hold” rating and set a GBX 1,400 ($17.33) price objective on shares of Compass Group plc in a report on Thursday, September 15th. JPMorgan Chase & Co. raised Compass Group plc to an “overweight” rating and raised their price objective for the stock from GBX 1,380 ($17.08) to GBX 1,580 ($19.55) in a report on Wednesday, September 14th. Finally, Goldman Sachs Group Inc. reaffirmed a “neutral” rating and set a GBX 1,491 ($18.45) price objective on shares of Compass Group plc in a report on Thursday, September 8th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,356.85 ($16.79).
Compass Group plc (LON:CPG) opened at 1476.00 on Thursday. The company has a 50-day moving average price of GBX 1,475.11 and a 200-day moving average price of GBX 1,375.62. The firm’s market cap is GBX 24.28 billion. Compass Group plc has a 12-month low of GBX 1,013.00 and a 12-month high of GBX 1,559.00.
In related news, insider Ireena Vittal acquired 1,863 shares of the business’s stock in a transaction that occurred on Thursday, September 22nd. The stock was purchased at an average cost of GBX 1,491 ($18.45) per share, for a total transaction of £27,777.33 ($34,377.88). Also, insider Bomhard ,Stefan acquired 6,100 shares of the business’s stock in a transaction that occurred on Tuesday, September 20th. The shares were bought at an average price of GBX 1,486 ($18.39) per share, with a total value of £90,646 ($112,185.64).
About Compass Group plc
Compass Group PLC provides food and support services. The Company’s segments include North America, Europe & Japan, and Fast Growing & Emerging. It provides breakfasts, lunches and dinners, and also offers hospitality services. The Company offers a range of soft support services, including cleaning, reception and some building maintenance.
Receive News & Ratings for Compass Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Group plc and related companies with MarketBeat.com's FREE daily email newsletter.