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

Deutsche Bank Aktiengesellschaft upgraded shares of Compass Group (LON:CPG) to a buy rating in a research note issued to investors on Thursday morning, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has GBX 2,900 price target on the stock, up from their previous price target of GBX 2,700.

Several other analysts have also issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Compass Group from GBX 2,625 to GBX 2,700 and gave the stock a “sector perform” rating in a research note on Thursday, July 24th. Shore Capital reaffirmed a “buy” rating on shares of Compass Group in a research report on Tuesday, July 22nd. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,000 target price on shares of Compass Group in a research report on Thursday. Berenberg Bank boosted their target price on Compass Group from GBX 2,960 to GBX 3,000 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Finally, Citigroup increased their price target on Compass Group from GBX 2,650 to GBX 2,750 and gave the company a “neutral” rating in a research report on Thursday, July 24th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Compass Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,870.

Compass Group Trading Up 2.8%

Shares of Compass Group stock opened at GBX 2,610 on Thursday. The company has a market capitalization of £44.30 billion, a P/E ratio of 3,038.42, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81. The stock has a fifty day simple moving average of GBX 2,573.86 and a 200 day simple moving average of GBX 2,571.47. Compass Group has a 12-month low of GBX 2,344 and a 12-month high of GBX 2,853. The company has a current ratio of 0.74, a quick ratio of 0.86 and a debt-to-equity ratio of 86.56.

About Compass Group

Compass Group PLC is a world leading food service company, which generated annual revenues of $42.2 billion in the year to 30 September 2024. It serves meals to millions of people in c. 30 countries and employs and engages with c. 580,000 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.