Compass Group plc (CPG) Price Target Increased to GBX 1,600 by Analysts at JPMorgan Chase & Co.
Compass Group plc (LON:CPG) had its target price boosted by JPMorgan Chase & Co. from GBX 1,595 ($19.79) to GBX 1,600 ($19.85) in a research note released on Tuesday morning. The brokerage currently has an overweight rating on the stock.
A number of other brokerages also recently weighed in on CPG. Societe Generale dropped their price objective on Compass Group plc from GBX 1,290 ($16.00) to GBX 1,240 ($15.38) and set a sell rating on the stock in a research report on Wednesday, November 23rd. Panmure Gordon reaffirmed a hold rating and set a GBX 1,400 ($17.37) price objective on shares of Compass Group plc in a research report on Tuesday, November 22nd. Morgan Stanley reaffirmed an equal weight rating on shares of Compass Group plc in a research report on Monday, November 7th. Barclays PLC reaffirmed an overweight rating and set a GBX 1,500 ($18.61) price objective on shares of Compass Group plc in a research report on Monday, September 26th. Finally, Credit Suisse Group AG reaffirmed an outperform rating and set a GBX 1,740 ($21.59) price objective on shares of Compass Group plc in a research report on Wednesday, November 23rd. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,436.88 ($17.83).
Shares of Compass Group plc (LON:CPG) opened at 1390.00 on Tuesday. Compass Group plc has a 52-week low of GBX 1,079.00 and a 52-week high of GBX 1,559.00. The stock’s 50 day moving average is GBX 1,424.97 and its 200 day moving average is GBX 1,414.15. The stock’s market cap is GBX 23.00 billion.
The firm also recently disclosed a dividend, which will be paid on Monday, February 20th. Stockholders of record on Thursday, January 19th will be given a GBX 21.10 ($0.26) dividend. The ex-dividend date is Thursday, January 19th. This is a boost from Compass Group plc’s previous dividend of $10.60. This represents a dividend yield of 1.59%.
In related news, insider Gary Green sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, September 29th. The stock was sold at an average price of GBX 1,498 ($18.58), for a total transaction of £1,498,000 ($1,858,330.23). Also, insider Paul Walsh purchased 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 23rd. The shares were purchased at an average price of GBX 1,337 ($16.59) per share, with a total value of £66,850 ($82,930.16).
About Compass Group plc
Compass Group PLC provides food and support services. The Company’s segments include North America, Europe & Japan, and Fast Growing & Emerging. It provides breakfasts, lunches and dinners, and also offers hospitality services. The Company offers a range of soft support services, including cleaning, reception and some building maintenance.
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