Compass Group (LON:CPG) Price Target Raised to GBX 2,600

Compass Group (LON:CPG) had its price objective upped by research analysts at Deutsche Bank Aktiengesellschaft from GBX 2,500 ($31.94) to GBX 2,600 ($33.22) in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential downside of 4.02% from the company’s current price.

Separately, JPMorgan Chase & Co. raised their price objective on Compass Group from GBX 2,600 ($33.22) to GBX 2,800 ($35.77) and gave the stock an “overweight” rating in a research note on Wednesday, September 11th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Compass Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,600 ($33.22).

Compass Group Stock Performance

Shares of LON:CPG traded up GBX 28 ($0.36) during trading on Tuesday, hitting GBX 2,709 ($34.61). The stock had a trading volume of 6,217,597 shares, compared to its average volume of 4,896,749. Compass Group has a 12-month low of GBX 2,062 ($26.34) and a 12-month high of GBX 2,786 ($35.59). The stock has a market capitalization of £46.05 billion, a price-to-earnings ratio of 3,564.47, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81. The company has a quick ratio of 0.86, a current ratio of 0.78 and a debt-to-equity ratio of 89.31. The stock has a 50-day simple moving average of GBX 2,556.34 and a two-hundred day simple moving average of GBX 2,381.30.

Insider Activity at Compass Group

In other Compass Group news, insider Dominic Blakemore sold 119,821 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of GBX 2,692 ($34.39), for a total value of £3,225,581.32 ($4,121,095.34). 0.15% of the stock is owned by company insiders.

Compass Group Company Profile

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.