Compass Group PLC (OTCMKTS:CMPGY) Short Interest Update

Compass Group PLC (OTCMKTS:CMPGYGet Rating) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 29,300 shares, an increase of 64.6% from the April 30th total of 17,800 shares. Based on an average daily trading volume, of 594,400 shares, the short-interest ratio is presently 0.0 days.

Shares of Compass Group stock traded up $0.25 during trading on Friday, reaching $23.07. 166,740 shares of the company traded hands, compared to its average volume of 241,496. The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 0.78. Compass Group has a 1-year low of $19.32 and a 1-year high of $25.25. The company has a 50 day moving average price of $21.72 and a 200-day moving average price of $22.09.

A number of brokerages have recently issued reports on CMPGY. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Compass Group from GBX 1,750 ($22.02) to GBX 1,825 ($22.96) in a research report on Thursday, May 12th. Zacks Investment Research upgraded shares of Compass Group from a “sell” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Tuesday, May 17th. Royal Bank of Canada boosted their price target on shares of Compass Group from GBX 1,340 ($16.86) to GBX 1,500 ($18.88) in a research report on Wednesday. JPMorgan Chase & Co. boosted their price target on shares of Compass Group from GBX 1,950 ($24.54) to GBX 2,050 ($25.80) in a research report on Thursday, May 12th. Finally, Credit Suisse Group boosted their target price on shares of Compass Group from GBX 1,950 ($24.54) to GBX 2,100 ($26.43) in a research report on Monday, February 7th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Compass Group presently has a consensus rating of “Buy” and a consensus target price of $1,600.17.

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.

Further Reading

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