Compass Group PLC (LON:CPG) Receives GBX 2,371 Consensus Price Target from Brokerages

Compass Group PLC (LON:CPG - Get Free Report) has received an average rating of "Moderate Buy" from the eight research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 2,371 ($29.52).

CPG has been the subject of several research reports. Shore Capital reissued a "buy" rating on shares of Compass Group in a research report on Thursday, February 8th. JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 2,600 ($32.37) target price on shares of Compass Group in a research note on Monday, February 26th. Finally, Citigroup restated a "buy" rating on shares of Compass Group in a research note on Tuesday, February 20th.

Compass Group Stock Performance

Shares of CPG traded down GBX 32 ($0.40) during mid-day trading on Tuesday, hitting GBX 2,142 ($26.67). The company's stock had a trading volume of 2,584,186 shares, compared to its average volume of 3,404,054. Compass Group has a one year low of GBX 1,940.50 ($24.16) and a one year high of GBX 2,331 ($29.02). The company has a debt-to-equity ratio of 86.40, a quick ratio of 0.86 and a current ratio of 0.75. The firm has a market capitalization of £36.41 billion, a PE ratio of 2,856.00, a price-to-earnings-growth ratio of 1.79 and a beta of 0.75. The stock's 50-day moving average is GBX 2,203.44 and its two-hundred day moving average is GBX 2,133.76.

Compass Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, January 18th were issued a GBX 28.10 ($0.35) dividend. This is a boost from Compass Group's previous dividend of $15.00. The ex-dividend date was Thursday, January 18th. This represents a yield of 1.34%. Compass Group's dividend payout ratio (DPR) is currently 5,733.33%.

About Compass Group

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.