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

Shares of Compass Group PLC (LON:CPG) have been assigned an average recommendation of “Buy” from the seven research firms that are currently covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a buy rating. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 2,487.50 ($32.53).

Several equities research analysts recently issued reports on CPG shares. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 2,400 ($31.38) price target on shares of Compass Group in a report on Tuesday, May 21st. JPMorgan Chase & Co. upped their target price on shares of Compass Group from GBX 2,600 ($34.00) to GBX 2,800 ($36.62) and gave the stock an “overweight” rating in a research note on Wednesday.

Compass Group Price Performance

Shares of LON CPG opened at GBX 2,452 ($32.06) on Friday. The stock has a market cap of £41.68 billion, a price-to-earnings ratio of 3,226.32, a PEG ratio of 1.80 and a beta of 0.81. The company has a debt-to-equity ratio of 89.31, a quick ratio of 0.86 and a current ratio of 0.78. Compass Group has a fifty-two week low of GBX 1,961.50 ($25.65) and a fifty-two week high of GBX 2,485 ($32.50). The firm’s 50-day simple moving average is GBX 2,315.38 and its 200 day simple moving average is GBX 2,250.62.

Insider Buying and Selling

In related news, insider Leanne Wood purchased 1,300 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The shares were bought at an average cost of GBX 2,317 ($30.30) per share, with a total value of £30,121 ($39,389.30). 0.15% of the stock is currently owned by corporate 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.