Compass Group PLC (LON:CPG) Receives Average Recommendation of “Moderate Buy” from Brokerages

Compass Group PLC (LON:CPG) has received a consensus recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 2,374 ($30.12).

Several research analysts recently commented on the company. Shore Capital reiterated a “buy” rating on shares of Compass Group in a research note on Wednesday, May 15th. Royal Bank of Canada restated an “outperform” rating and set a GBX 2,400 ($30.45) price objective on shares of Compass Group in a report on Tuesday, May 21st.

Compass Group Price Performance

CPG opened at GBX 2,160 ($27.40) on Friday. The company has a current ratio of 0.78, a quick ratio of 0.86 and a debt-to-equity ratio of 89.31. The company has a fifty day simple moving average of GBX 2,227.98 and a 200 day simple moving average of GBX 2,195.08. The firm has a market cap of £36.72 billion, a price-to-earnings ratio of 2,769.23, a PEG ratio of 1.80 and a beta of 0.77. Compass Group has a twelve month low of GBX 1,940.50 ($24.62) and a twelve month high of GBX 2,332 ($29.58).

Compass Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, July 25th. Investors of record on Thursday, June 13th will be issued a $0.21 dividend. This represents a yield of 0.71%. The ex-dividend date of this dividend is Thursday, June 13th. Compass Group’s dividend payout ratio is currently 5,769.23%.

Insider Buying and Selling at Compass Group

In other Compass Group news, insider Arlene Isaacs-Lowe acquired 2,800 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was purchased at an average price of GBX 2,176 ($27.60) per share, with a total value of £60,928 ($77,290.37). 0.15% of the stock is currently owned by insiders.

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.