Compass Group (LON:CPG) Receives "Buy" Rating from 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 reiterated their buy rating on shares of Compass Group (LON:CPG - Free Report) in a research report released on Thursday morning, Marketbeat reports. Jefferies Financial Group currently has a GBX 3,000 target price on the stock.

CPG has been the subject of several other research reports. Royal Bank Of Canada lifted their price target on shares of 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. Citigroup lifted their price target on shares of 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. Shore Capital reiterated a "buy" rating on shares of Compass Group in a research report on Tuesday, July 22nd. Finally, Berenberg Bank lifted their price target on shares of 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. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of GBX 2,870.

Compass Group Trading Up 0.0%

Shares of LON:CPG traded up GBX 0.61 during trading on Thursday, hitting GBX 2,610.61. 2,521,407 shares of the company's stock were exchanged, compared to its average volume of 8,131,053. Compass Group has a 1-year low of GBX 2,344 and a 1-year high of GBX 2,853. The firm has a 50-day moving average price of GBX 2,575.99 and a two-hundred day moving average price of GBX 2,568.85. The company has a current ratio of 0.74, a quick ratio of 0.86 and a debt-to-equity ratio of 86.56. The firm has a market cap of £44.31 billion, a P/E ratio of 3,039.13, a PEG ratio of 1.42 and a beta of 0.81.

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.