JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Compass Group (LON:CPG) in a research note released on Tuesday, January 29th.
Other analysts have also issued research reports about the company. Morgan Stanley cut their price objective on Compass Group from GBX 1,580 ($20.65) to GBX 1,520 ($19.86) and set an equal weight rating for the company in a report on Wednesday, October 17th. Barclays reiterated an overweight rating on shares of Compass Group in a research report on Tuesday, October 9th. Royal Bank of Canada reiterated an outperform rating and set a GBX 1,750 ($22.87) target price on shares of Compass Group in a research report on Tuesday, January 29th. Liberum Capital reiterated a buy rating on shares of Compass Group in a research report on Tuesday, November 20th. Finally, Berenberg Bank lowered their price objective on Compass Group from GBX 1,900 ($24.83) to GBX 1,850 ($24.17) and set a buy rating on the stock in a research report on Thursday, January 17th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Compass Group presently has an average rating of Buy and an average price target of GBX 1,745.42 ($22.81).
Shares of CPG traded up GBX 15 ($0.20) on Tuesday, reaching GBX 1,731 ($22.62). The stock had a trading volume of 2,256,610 shares, compared to its average volume of 3,910,000. Compass Group has a 12-month low of GBX 1,396.50 ($18.25) and a 12-month high of GBX 1,698 ($22.19).
Compass Group (LON:CPG) last posted its earnings results on Tuesday, November 20th. The company reported GBX 77.60 ($1.01) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 77 ($1.01) by GBX 0.60 ($0.01).
In other Compass Group news, insider John Bason bought 1,142 shares of the company’s stock in a transaction dated Monday, February 11th. The shares were purchased at an average cost of GBX 1,748 ($22.84) per share, for a total transaction of £19,962.16 ($26,084.10). Also, insider John Bryant sold 740 shares of the firm’s stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of GBX 1,655 ($21.63), for a total value of £12,247 ($16,002.87).
About Compass Group
Compass Group PLC, through its subsidiaries, operates as a food and support services company in North America, Europe, and internationally. It serves business and industry; healthcare and senior living market; education; sports and leisure; and defense, offshore, and remote sectors. The company also 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.
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