Compass Group's (CPG) Buy Rating Reaffirmed at Jefferies Financial Group

Key Points

• Jefferies Financial Group has reaffirmed a "buy" rating for Compass Group (LON:CPG) with a price target of GBX 3,000, indicating a potential upside of 15.03% from the current stock price.
• Other analysts, including Citigroup and Berenberg Bank, have also raised their price targets, with Compass Group currently holding a consensus rating of "Moderate Buy" and a target price of GBX 2,810.
• Compass Group is a leading food service company with annual revenues of $42.2 billion and operates in approximately 30 countries, serving millions of customers.

Jefferies Financial Group reissued their buy rating on shares of Compass Group (LON:CPG - Free Report) in a research report report published on Thursday morning, MarketBeat reports. The brokerage currently has a GBX 3,000 target price on the stock.

A number of other analysts have also recently weighed in on CPG. Citigroup increased their price objective 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. Berenberg Bank increased their price objective on Compass Group from GBX 2,960 to GBX 3,000 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Shore Capital reaffirmed a "buy" rating on shares of Compass Group in a research report on Tuesday, July 22nd. Finally, Royal Bank Of Canada increased their price objective on Compass Group from GBX 2,625 to GBX 2,700 and gave the stock a "sector perform" rating in a research report on Thursday, July 24th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 2,870.

Compass Group Stock Performance

Shares of LON CPG remained flat at GBX 2,568 during trading hours on Thursday. The company had a trading volume of 1,741,179 shares, compared to its average volume of 8,060,373. The stock has a market capitalization of £43.58 billion, a price-to-earnings ratio of 2,989.52, a price-to-earnings-growth 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 1 year low of GBX 2,344 and a 1 year high of GBX 2,853. The business's fifty day simple moving average is GBX 2,577.11 and its 200-day simple moving average is GBX 2,566.05.

About Compass Group

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.