Compass Group PLC (LON:CPG) Receives GBX 2,600 Consensus PT from Analysts

Shares of Compass Group PLC (LON:CPG - Get Free Report) have received an average rating of "Moderate Buy" from the six analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,675 ($33.94).

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Compass Group from GBX 2,600 ($32.99) to GBX 2,800 ($35.52) and gave the company an "overweight" rating in a research note on Wednesday, September 11th. Berenberg Bank upped their price objective on shares of Compass Group from GBX 2,460 ($31.21) to GBX 2,900 ($36.79) and gave the stock a "buy" rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Compass Group from GBX 2,500 ($31.72) to GBX 2,600 ($32.99) and gave the company a "hold" rating in a research report on Tuesday, December 10th.

Compass Group Stock Performance

Shares of LON:CPG traded down GBX 7 ($0.09) during midday trading on Monday, reaching GBX 2,655 ($33.68). The company's stock had a trading volume of 1,611,393 shares, compared to its average volume of 4,870,718. The company has a quick ratio of 0.86, a current ratio of 0.78 and a debt-to-equity ratio of 89.31. The stock has a fifty day moving average of GBX 2,571.26 and a 200 day moving average of GBX 2,390.42. Compass Group has a twelve month low of GBX 2,069 ($26.25) and a twelve month high of GBX 2,786 ($35.35). The firm has a market capitalization of £45.14 billion, a PE ratio of 3,493.42, a P/E/G ratio of 1.42 and a beta of 0.81.

Compass Group Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 27th. Stockholders of record on Thursday, January 16th will be paid a $0.39 dividend. This represents a dividend yield of 1.17%. This is an increase from Compass Group's previous dividend of $0.21. The ex-dividend date is Thursday, January 16th. Compass Group's payout ratio is 5,789.47%.

Insider Activity

In other news, insider Dominic Blakemore sold 119,821 shares of Compass Group stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of GBX 2,692 ($34.15), for a total transaction of £3,225,581.32 ($4,092,338.65). Insiders own 0.15% of the company's stock.

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.