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. It serves business and industry; healthcare and senior living market; education; sports and leisure; and defense, offshore, and remote sectors. Compass Group PLC was founded in 1941 and is based in Chertsey, the United Kingdom.
Analyst Ratings Changes
CPG has been the subject of a number of research reports. Royal Bank of Canada raised their target price on shares of Compass Group from GBX 1,340 ($16.19) to GBX 1,500 ($18.12) and gave the stock an "underperform" rating in a research note on Wednesday, May 25th. Morgan Stanley reissued an "overweight" rating on shares of Compass Group in a report on Wednesday, May 11th. Barclays reaffirmed an "overweight" rating and issued a GBX 2,000 ($24.17) price objective on shares of Compass Group in a report on Wednesday, July 27th. Shore Capital reissued a "buy" rating on shares of Compass Group in a research report on Monday, May 23rd. Finally, JPMorgan Chase & Co. raised their target price on shares of Compass Group from GBX 1,950 ($23.56) to GBX 2,050 ($24.77) and gave the stock a "neutral" rating in a report on Thursday, May 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of GBX 1,827.50 ($22.08).
Compass Group Price Performance
LON:CPG traded down GBX 19 ($0.23) on Friday, hitting GBX 1,950.50 ($23.57). 2,303,770 shares of the company's stock were exchanged, compared to its average volume of 3,376,368. The stock has a 50-day moving average of GBX 1,813.54 and a 200-day moving average of GBX 1,739.48. The stock has a market cap of £34.51 billion and a price-to-earnings ratio of 4,803.66. Compass Group has a 52 week low of GBX 1,408.50 ($17.02) and a 52 week high of GBX 1,970.50 ($23.81). The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 74.81.
Insider Activity
In other Compass Group news, insider Ireena Vittal bought 111 shares of the stock in a transaction on Monday, June 6th. The stock was purchased at an average price of GBX 1,796 ($21.70) per share, with a total value of £1,993.56 ($2,408.84).