Compass Group (LON:CPG – Get Rating) had its target price hoisted by equities researchers at Berenberg Bank from GBX 2,000 ($24.65) to GBX 2,050 ($25.27) in a research report issued to clients and investors on Friday, Marketbeat.com reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 19.94% from the company’s current price.
Several other equities analysts have also weighed in on CPG. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Compass Group from GBX 1,750 ($21.57) to GBX 1,825 ($22.50) and gave the company a “hold” rating in a research report on Wednesday, May 11th. Barclays reaffirmed an “overweight” rating and set a GBX 2,000 ($24.65) price objective on shares of Compass Group in a research note on Thursday, May 5th. Morgan Stanley reaffirmed an “overweight” rating on shares of Compass Group in a research note on Wednesday, May 11th. Shore Capital reaffirmed a “buy” rating on shares of Compass Group in a research note on Monday. Finally, JPMorgan Chase & Co. upped their price objective on shares of Compass Group from GBX 1,950 ($24.04) to GBX 2,050 ($25.27) and gave the company a “neutral” rating in a research note on Thursday, May 12th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Compass Group currently has an average rating of “Buy” and an average price target of GBX 1,779.44 ($21.94).
LON:CPG opened at GBX 1,709.20 ($21.07) on Friday. Compass Group has a twelve month low of GBX 1,395.50 ($17.20) and a twelve month high of GBX 1,841.98 ($22.71). The company has a current ratio of 0.95, a quick ratio of 0.86 and a debt-to-equity ratio of 91.10. The company has a 50-day moving average of GBX 1,681.72 and a 200-day moving average of GBX 1,649.74. The firm has a market cap of £30.50 billion and a price-to-earnings ratio of 85.45.
About Compass Group (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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