Compass Group PLC (LON:CPG - Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 2,008 ($26.28) and last traded at GBX 2,422 ($31.70), with a volume of 141490688 shares changing hands. The stock had previously closed at GBX 2,350 ($30.76).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 2,960 ($38.74) target price on shares of Compass Group in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of GBX 2,690 ($35.21).
Read Our Latest Analysis on CPG
Compass Group Price Performance
The firm has a market capitalization of £42.30 billion, a PE ratio of 31.36, a P/E/G ratio of 1.42 and a beta of 0.81. The firm's fifty day moving average price is GBX 2,639.53 and its 200 day moving average price is GBX 2,617.84. The company has a current ratio of 0.74, a quick ratio of 0.86 and a debt-to-equity ratio of 86.56.
Compass Group Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, April 3rd will be given a dividend of $0.63 per share. This is an increase from Compass Group's previous dividend of $0.39. This represents a yield of 0.77%. The ex-dividend date is Thursday, April 3rd. Compass Group's dividend payout ratio (DPR) is currently 55.33%.
About Compass Group
(
Get Free Report)
Compass Group PLC is a world leading food service company, which generated annual revenues of £31.3 billion in the year to 30 September 2023. It serves meals to millions of people in c. 35 countries and employs and engages with c. 550,000 people. The Company specialises in providing food and a range of targeted support services across the core sectors of Business & Industry, Healthcare & Senior Living, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.
See Also
Before you consider Compass Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Compass Group wasn't on the list.
While Compass Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
