Bryan, Garnier & Co restated their neutral rating on shares of Compass Group plc (LON:CPG) in a research note published on Friday morning. They currently have a GBX 1,475 ($18.37) target price on the stock.
A number of other brokerages also recently commented on CPG. J P Morgan Chase & Co lifted their price objective on shares of Compass Group plc from GBX 1,600 ($19.93) to GBX 1,685 ($20.99) and gave the company an overweight rating in a research report on Wednesday, January 18th. Peel Hunt reissued a hold rating on shares of Compass Group plc in a research report on Monday, December 5th. Numis Securities Ltd reissued a hold rating and issued a GBX 1,450 ($18.06) price objective on shares of Compass Group plc in a research report on Tuesday, November 8th. Canaccord Genuity reissued a buy rating and issued a GBX 1,620 ($20.18) price objective on shares of Compass Group plc in a research report on Tuesday, November 22nd. Finally, Credit Suisse Group reissued an outperform rating and issued a GBX 1,740 ($21.67) price objective on shares of Compass Group plc in a research report on Wednesday, November 23rd. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company. Compass Group plc has a consensus rating of Hold and an average price target of GBX 1,481.14 ($18.45).
Compass Group plc (LON:CPG) opened at 1450.00 on Friday. The stock’s market capitalization is GBX 23.82 billion. Compass Group plc has a 52-week low of GBX 1,170.00 and a 52-week high of GBX 1,559.00. The firm’s 50-day moving average is GBX 1,435.86 and its 200 day moving average is GBX 1,443.91.
The company also recently disclosed a dividend, which will be paid on Monday, February 20th. Stockholders of record on Thursday, January 19th will be paid a GBX 21.10 ($0.26) dividend. This is a positive change from Compass Group plc’s previous dividend of $10.60. This represents a dividend yield of 1.59%. The ex-dividend date is Thursday, January 19th.
In other news, insider Richard John Cousins sold 200,000 shares of the company’s stock in a transaction on Wednesday, December 14th. The shares were sold at an average price of GBX 1,371 ($17.08), for a total value of £2,742,000 ($3,415,545.59). Also, insider Paul Walsh acquired 5,000 shares of Compass Group plc stock in a transaction dated Wednesday, November 23rd. The stock was purchased at an average cost of GBX 1,337 ($16.65) per share, for a total transaction of £66,850 ($83,271.05).
About Compass Group plc
Compass Group PLC provides food and support services. The Company’s segments include North America, Europe & Japan, and Fast Growing & Emerging. It provides breakfasts, lunches and dinners, and also offers hospitality services. The Company offers a range of soft support services, including cleaning, reception and some building maintenance.