Compass Group plc (LON:CPG) had its price objective boosted by investment analysts at Canaccord Genuity from GBX 1,550 ($20.18) to GBX 1,630 ($21.23) in a note issued to investors on Thursday, July 27th. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price objective points to a potential downside of 0.12% from the company’s current price.
CPG has been the subject of several other research reports. Deutsche Bank AG initiated coverage on Compass Group plc in a research note on Wednesday, April 26th. They issued a “hold” rating and a GBX 1,600 ($20.84) target price for the company. J P Morgan Chase & Co cut their target price on Compass Group plc from GBX 1,685 ($21.94) to GBX 1,665 ($21.68) and set an “overweight” rating for the company in a research note on Thursday, April 6th. Barclays PLC restated an “overweight” rating and issued a GBX 1,700 ($22.14) target price on shares of Compass Group plc in a research note on Friday, June 9th. Peel Hunt reiterated a “buy” rating on shares of Compass Group plc in a research report on Friday, May 5th. Finally, Liberum Capital reiterated a “buy” rating and set a GBX 1,850 ($24.09) price target on shares of Compass Group plc in a research report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,615.83 ($21.04).
Shares of Compass Group plc (LON CPG) opened at 1632.00 on Thursday. The company’s 50-day moving average is GBX 1,631.08 and its 200 day moving average is GBX 1,510.16. Compass Group plc has a 52-week low of GBX 1,299.00 and a 52-week high of GBX 1,698.00. The company’s market cap is GBX 25.80 billion.
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About Compass Group plc
Compass Group PLC provides food and support services. The Company’s segments include North America, Europe, Rest of World and Central activities. The Europe segment includes Turkey and Russia. The Rest of World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure.
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