Compass Group PLC (LON:CPG - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,643.14 ($35.57) and traded as high as GBX 2,731 ($36.76). Compass Group shares last traded at GBX 2,684 ($36.12), with a volume of 3,046,012 shares.
Analyst Ratings Changes
A number of research firms recently commented on CPG. Citigroup decreased their price objective on shares of Compass Group from GBX 2,850 ($38.36) to GBX 2,700 ($36.34) and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 2,960 ($39.84) price objective on shares of Compass Group in a research note on Thursday, February 6th.
Get Our Latest Report on CPG
Compass Group Stock Performance
The firm's fifty day moving average price is GBX 2,558.99 and its 200-day moving average price is GBX 2,643.59. 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 company has a market cap of £44.25 billion, a P/E ratio of 32.81, a P/E/G ratio of 1.42 and a beta of 0.81.
Compass Group Increases Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, April 15th. Stockholders of record on Thursday, April 3rd were issued a dividend of $0.63 per share. This is an increase from Compass Group's previous dividend of $0.39. The ex-dividend date was Thursday, April 3rd. This represents a dividend yield of 0.77%. Compass Group's payout ratio is presently 55.33%.
Compass Group Company Profile
(
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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.
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