Palmer Brown Purchases 9,401 Shares of Compass Group PLC (LON:CPG) Stock

Compass Group PLC (LON:CPG - Get Free Report) insider Palmer Brown bought 9,401 shares of the company's stock in a transaction on Monday, December 16th. The stock was bought at an average cost of GBX 2,656 ($33.77) per share, with a total value of £249,690.56 ($317,430.16).

Compass Group Stock Performance

Shares of Compass Group stock traded up GBX 17 ($0.22) during trading hours on Tuesday, reaching GBX 2,672 ($33.97). The company's stock had a trading volume of 2,465,351 shares, compared to its average volume of 4,872,095. Compass Group PLC has a one year low of GBX 2,069 ($26.30) and a one year high of GBX 2,786 ($35.42). The company's 50 day simple moving average is GBX 2,575.56 and its 200 day simple moving average is GBX 2,393.23. The company has a debt-to-equity ratio of 89.31, a quick ratio of 0.86 and a current ratio of 0.78. The stock has a market cap of £45.42 billion, a P/E ratio of 3,510.45, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81.

Compass Group Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CPG shares. Berenberg Bank boosted their price target on Compass Group from GBX 2,460 ($31.27) to GBX 2,900 ($36.87) and gave the stock a "buy" rating in a report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on shares of Compass Group from GBX 2,500 ($31.78) to GBX 2,600 ($33.05) and gave the company a "hold" rating in a report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Compass Group from GBX 2,600 ($33.05) to GBX 2,800 ($35.60) and gave the stock an "overweight" rating in a report on Wednesday, September 11th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,675 ($34.01).

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.