Compass Group (LON:CPG) Given New GBX 2,600 Price Target at Deutsche Bank Aktiengesellschaft

Compass Group (LON:CPG) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 2,500 ($31.69) to GBX 2,600 ($32.96) in a research report report published on Tuesday, MarketBeat Ratings reports. They currently have a hold rating on the stock.

Separately, JPMorgan Chase & Co. upped their target price on Compass Group from GBX 2,600 ($32.96) to GBX 2,800 ($35.49) and gave the company an “overweight” rating in a research report on Wednesday, September 11th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,600 ($32.96).

Compass Group Stock Performance

CPG opened at GBX 2,673 ($33.88) on Tuesday. The business has a fifty day simple moving average of GBX 2,562.26 and a 200 day simple moving average of GBX 2,383.58. The company has a market capitalization of £45.44 billion, a PE ratio of 3,517.11, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81. Compass Group has a 1 year low of GBX 2,062 ($26.14) and a 1 year high of GBX 2,786 ($35.31). The company has a debt-to-equity ratio of 89.31, a current ratio of 0.78 and a quick ratio of 0.86.

Compass Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 27th. Investors of record on Thursday, January 16th will be given a dividend of $0.39 per share. This is a positive change from Compass Group’s previous dividend of $0.21. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 1.17%. Compass Group’s dividend payout ratio is presently 5,789.47%.

Insider Activity at Compass Group

In other Compass Group news, insider Dominic Blakemore sold 119,821 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of GBX 2,692 ($34.12), for a total value of £3,225,581.32 ($4,088,707.47). 0.15% of the stock is owned by corporate insiders.

About Compass Group

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.