Compass Group (LON:CPG) Given Buy Rating at Jefferies Financial Group

Key Points

• Jefferies Financial Group has reissued a "buy" rating for Compass Group (LON:CPG) with a price target of GBX 3,000, indicating a potential upside of 17.79% from its previous close.
• Compass Group's stock has received multiple upgrades from various brokerages, with Deutsche Bank raising its target to GBX 2,900 and Berenberg Bank also setting a target of GBX 3,000.
• The company has a market capitalization of £43.23 billion and reported annual revenues of $42.2 billion, serving meals in approximately 30 countries.

Compass Group (LON:CPG - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Jefferies Financial Group in a research note issued to investors on Friday,Digital Look reports. They presently have a GBX 3,000 price target on the stock. Jefferies Financial Group's target price points to a potential upside of 17.79% from the company's previous close.

Several other brokerages have also issued reports on CPG. Deutsche Bank Aktiengesellschaft upgraded shares of Compass Group to a "buy" rating and lifted their price target for the company from GBX 2,700 to GBX 2,900 in a research note on Thursday, September 11th. Citigroup boosted their price target on Compass Group from GBX 2,650 to GBX 2,750 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. Royal Bank Of Canada increased their price objective on Compass Group from GBX 2,625 to GBX 2,700 and gave the company a "sector perform" rating in a report on Thursday, July 24th. Shore Capital restated a "buy" rating on shares of Compass Group in a report on Tuesday, July 22nd. Finally, Berenberg Bank lifted their target price on Compass Group from GBX 2,960 to GBX 3,000 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 2,870.

Compass Group Trading Up 0.8%

CPG traded up GBX 20 during mid-day trading on Friday, reaching GBX 2,547. The stock had a trading volume of 118,644,734 shares, compared to its average volume of 8,199,272. Compass Group has a 52 week low of GBX 2,344 and a 52 week high of GBX 2,853. The company has a debt-to-equity ratio of 86.56, a quick ratio of 0.86 and a current ratio of 0.74. The stock has a market capitalization of £43.23 billion, a P/E ratio of 2,965.08, a P/E/G ratio of 1.42 and a beta of 0.81. The firm's fifty day simple moving average is GBX 2,557.69 and its two-hundred day simple moving average is GBX 2,554.85.

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.

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