Brokerages Set Compass Group PLC (LON:CPG) PT at GBX 2,770

Shares of Compass Group PLC (LON:CPG - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,770 ($37.23).

A number of research firms recently issued reports on CPG. Citigroup increased their target price on shares of Compass Group from GBX 2,650 ($35.61) to GBX 2,750 ($36.96) and gave the stock a "neutral" rating in a research report on Thursday. Berenberg Bank increased their price objective on shares of Compass Group from GBX 2,960 ($39.78) to GBX 3,000 ($40.32) and gave the company a "buy" rating in a research report on Tuesday, July 22nd. Royal Bank Of Canada increased their price objective on shares of Compass Group from GBX 2,625 ($35.28) to GBX 2,700 ($36.29) and gave the company a "sector perform" rating in a research report on Thursday. Finally, Shore Capital reaffirmed a "buy" rating on shares of Compass Group in a research report on Tuesday, July 22nd.

Compass Group Trading Down 0.5%

Shares of CPG stock traded down GBX 12 ($0.16) during trading hours on Thursday, hitting GBX 2,627 ($35.30). 4,422,257 shares of the company were exchanged, compared to its average volume of 7,219,969. The firm has a market cap of £44.56 billion, a PE ratio of 33.03, a PEG ratio of 1.42 and a beta of 0.81. Compass Group has a 1 year low of GBX 2,301 ($30.92) and a 1 year high of GBX 2,853 ($38.34). The company has a quick ratio of 0.86, a current ratio of 0.74 and a debt-to-equity ratio of 86.56. The firm has a fifty day moving average of GBX 2,565.14 and a 200 day moving average of GBX 2,609.10.

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.