Compass Group plc (CPG) PT Raised to GBX 1,495
Compass Group plc (LON:CPG) had its price target hoisted by investment analysts at Kepler Capital Markets from GBX 1,400 ($17.50) to GBX 1,495 ($18.68) in a research note issued to investors on Wednesday. The brokerage presently has a “hold” rating on the stock. Kepler Capital Markets’ price target indicates a potential upside of 3.25% from the company’s previous close.
Several other brokerages also recently weighed in on CPG. J P Morgan Chase & Co increased their target price on shares of Compass Group plc from GBX 1,595 ($19.93) to GBX 1,600 ($20.00) and gave the stock an “overweight” rating in a research note on Tuesday, November 29th. Citigroup Inc. reiterated a “buy” rating on shares of Compass Group plc in a research note on Wednesday, November 23rd. Numis Securities Ltd reiterated a “hold” rating and set a GBX 1,450 ($18.12) target price on shares of Compass Group plc in a research note on Thursday, February 2nd. Shore Capital reiterated a “hold” rating on shares of Compass Group plc in a research note on Thursday, February 2nd. Finally, Societe Generale decreased their target price on shares of Compass Group plc from GBX 1,290 ($16.12) to GBX 1,240 ($15.50) and set a “sell” rating for the company in a research note on Wednesday, November 23rd. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the stock. Compass Group plc presently has an average rating of “Hold” and a consensus target price of GBX 1,487.93 ($18.59).
Compass Group plc (LON:CPG) opened at 1448.00 on Wednesday. The stock’s market cap is GBX 23.79 billion. Compass Group plc has a 1-year low of GBX 1,195.00 and a 1-year high of GBX 1,559.00. The firm’s 50 day moving average price is GBX 1,442.46 and its 200-day moving average price is GBX 1,441.59.
The firm also recently declared 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 positive change from Compass Group plc’s previous dividend of $10.60. This represents a dividend yield of 1.59%.
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In other news, insider Richard John Cousins sold 200,000 shares of the stock in a transaction that occurred on Wednesday, December 14th. The shares were sold at an average price of GBX 1,371 ($17.13), for a total value of £2,742,000 ($3,426,643.34). Also, insider Paul Walsh purchased 5,000 shares of the stock in a transaction dated Wednesday, November 23rd. The stock was acquired at an average price of GBX 1,337 ($16.71) per share, for a total transaction of £66,850 ($83,541.61).
About Compass Group plc
Compass Group PLC provides food and support services. The Company’s segments include North America, Europe, Rest of World and Central activities. The Europe segment includes Turkey and Russia. The Rest of World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure.
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