Compass Group (LON:CPG) Upgraded by Deutsche Bank Aktiengesellschaft to Buy

Compass Group (LON:CPG) was upgraded by stock analysts at Deutsche Bank Aktiengesellschaft to a “buy” rating in a report issued on Wednesday, Digital Look reports. The firm currently has a GBX 2,400 ($29.47) target price on the stock, up from their previous target price of GBX 2,106 ($25.86). Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 15.27% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Shore Capital reiterated a “buy” rating on shares of Compass Group in a research report on Tuesday, July 25th. Goodbody began coverage on shares of Compass Group in a report on Monday, September 11th. They issued a “hold” rating and a GBX 2,120 ($26.03) target price for the company. Barclays raised their price target on shares of Compass Group from GBX 2,300 ($28.25) to GBX 2,350 ($28.86) and gave the stock an “overweight” rating in a research note on Friday, September 29th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Compass Group in a research report on Tuesday, July 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 2,140 ($26.28).

Compass Group Stock Performance

Shares of LON CPG opened at GBX 2,082 ($25.57) on Wednesday. The firm has a fifty day moving average price of GBX 2,050.72 and a 200-day moving average price of GBX 2,084.15. The company has a debt-to-equity ratio of 78.97, a current ratio of 0.89 and a quick ratio of 0.86. The stock has a market cap of £35.60 billion, a PE ratio of 2,891.67, a price-to-earnings-growth ratio of 1.24 and a beta of 0.76. Compass Group has a 1 year low of GBX 1,769 ($21.72) and a 1 year high of GBX 2,250 ($27.63).

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.