Compass Group's (CPG) "Buy" Rating Reiterated at Shore Capital

Compass Group (LON:CPG - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Shore Capital in a report released on Tuesday, Marketbeat.com reports.

Separately, Citigroup cut their target price on Compass Group from GBX 2,850 ($38.30) to GBX 2,700 ($36.29) and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Compass Group has an average rating of "Moderate Buy" and a consensus price target of GBX 2,770 ($37.23).

Compass Group Trading Down 0.5%

Shares of Compass Group stock traded down GBX 12 ($0.16) on Tuesday, reaching GBX 2,627 ($35.30). 4,422,257 shares of the company's stock were exchanged, compared to its average volume of 7,219,969. The company has a market capitalization of £44.56 billion, a P/E ratio of 33.03, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81. Compass Group has a 52 week low of GBX 2,301 ($30.92) and a 52 week high of GBX 2,853 ($38.34). The firm's 50-day moving average is GBX 2,565.14 and its two-hundred day moving average is GBX 2,609.47. 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 Company Profile

Compass Group PLC is a world leading food service company, which generated annual revenues of £31.3 billion in the year to 30 September 2023. It serves meals to millions of people in c. 35 countries and employs and engages with c. 550,000 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.