Citigroup Lowers Compass Group (LON:CPG) Price Target to GBX 2,700

Compass Group (LON:CPG) had its target price lowered by equities research analysts at Citigroup from GBX 2,850 ($37.72) to GBX 2,700 ($35.74) in a note issued to investors on Tuesday, MarketBeat Ratings reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price target would indicate a potential upside of 6.51% from the stock’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,960 ($39.18) price target on shares of Compass Group in a research note on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 2,692 ($35.63).

Compass Group Stock Down 0.9 %

Shares of LON:CPG opened at GBX 2,535 ($33.55) on Tuesday. The company has a 50 day moving average of GBX 2,626.28 and a two-hundred day moving average of GBX 2,620.20. Compass Group has a 52-week low of GBX 2,114 ($27.98) and a 52-week high of GBX 2,853 ($37.76). The company has a quick ratio of 0.86, a current ratio of 0.74 and a debt-to-equity ratio of 86.56. The company has a market capitalization of £43.00 billion, a price-to-earnings ratio of 31.88, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81.

About Compass Group

Compass Group PLC is a world leading food service company, which generated annual revenues of £31.3 billion in the year to 30 September 2023. It serves meals to millions of people in c. 35 countries and employs and engages with c. 550,000 people. The Company specialises in providing food and a range of targeted support services across the core sectors of Business & Industry, Healthcare & Senior Living, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.