Compass Group (LON:CPG) Earns “Neutral” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their neutral rating on shares of Compass Group (LON:CPGGet Rating) in a report published on Tuesday morning, Marketbeat reports. The firm currently has a GBX 2,100 ($24.83) price target on the stock.

Other analysts have also issued research reports about the stock. Barclays boosted their price objective on shares of Compass Group from GBX 2,000 ($23.65) to GBX 2,150 ($25.42) and gave the stock an overweight rating in a research report on Thursday, November 10th. Berenberg Bank boosted their price objective on shares of Compass Group from GBX 2,050 ($24.24) to GBX 2,100 ($24.83) and gave the stock a buy rating in a research report on Monday, August 1st. Shore Capital reissued a buy rating on shares of Compass Group in a research report on Tuesday, October 4th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Compass Group from GBX 1,940 ($22.94) to GBX 1,990 ($23.53) and gave the stock a hold rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of Hold and an average target price of GBX 1,965 ($23.24).

Compass Group Stock Performance

Shares of CPG stock opened at GBX 1,828.50 ($21.62) on Tuesday. The company’s fifty day simple moving average is GBX 1,831.71 and its 200-day simple moving average is GBX 1,819.24. The company has a quick ratio of 0.81, a current ratio of 0.89 and a debt-to-equity ratio of 74.81. The firm has a market cap of £32.13 billion and a PE ratio of 4,459.76. Compass Group has a 12 month low of GBX 1,450 ($17.15) and a 12 month high of GBX 1,970.50 ($23.30).

Compass Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 2nd. Shareholders of record on Thursday, January 19th will be given a dividend of GBX 22.10 ($0.26) per share. This is a positive change from Compass Group’s previous dividend of $9.40. This represents a yield of 1.23%. The ex-dividend date of this dividend is Thursday, January 19th. Compass Group’s dividend payout ratio is 34.15%.

Insiders Place Their Bets

In other news, insider Arlene Isaacs-Lowe purchased 2,500 shares of the company’s stock in a transaction on Tuesday, September 13th. The shares were purchased at an average cost of GBX 1,935 ($22.88) per share, with a total value of £48,375 ($57,201.14).

Compass Group Company Profile

(Get Rating)

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.

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Analyst Recommendations for Compass Group (LON:CPG)

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