Compass Group (LON:CPG) had its target price increased by equities research analysts at Oddo Securities from GBX 1,630 ($21.30) to GBX 1,645 ($21.49) in a note issued to investors on Thursday, ThisIsMoney.Co.Uk reports. The brokerage currently has a “neutral” rating on the stock. Oddo Securities’ target price would suggest a potential downside of 8.61% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Barclays reiterated an “overweight” rating on shares of Compass Group in a report on Friday, February 8th. Societe Generale upgraded shares of Compass Group to a “buy” rating and upped their price objective for the stock from GBX 1,690 ($22.08) to GBX 2,000 ($26.13) in a report on Thursday. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Compass Group in a report on Tuesday, January 29th. Jefferies Financial Group cut shares of Compass Group to a “hold” rating and decreased their price objective for the stock from GBX 1,730 ($22.61) to GBX 1,670 ($21.82) in a report on Tuesday, April 9th. Finally, Berenberg Bank decreased their price objective on shares of Compass Group from GBX 1,900 ($24.83) to GBX 1,850 ($24.17) and set a “buy” rating for the company in a report on Thursday, January 17th. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of GBX 1,770.42 ($23.13).
LON CPG opened at GBX 1,800 ($23.52) on Thursday. Compass Group has a 1-year low of GBX 1,467.50 ($19.18) and a 1-year high of GBX 1,830.50 ($23.92). The company has a debt-to-equity ratio of 169.28, a quick ratio of 0.68 and a current ratio of 0.81. The firm has a market capitalization of $28.55 billion and a PE ratio of 25.35.
Compass Group PLC, through its subsidiaries, operates as a food and support services company in North America, Europe, and internationally. It serves business and industry; healthcare and senior living market; education; sports and leisure; and defense, offshore, and remote sectors. The company also 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.
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