Compass Group plc (LON:CPG) has received an average recommendation of “Hold” from the thirteen brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,885.83 ($24.64).
Several equities analysts recently commented on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Compass Group from GBX 2,100 ($27.44) to GBX 2,040 ($26.66) and set an “overweight” rating for the company in a research note on Wednesday, November 27th. Shore Capital reaffirmed a “hold” rating on shares of Compass Group in a research note on Tuesday, November 26th. Barclays reiterated an “equal weight” rating and set a GBX 2,000 ($26.13) price target on shares of Compass Group in a report on Thursday, October 10th. UBS Group reiterated a “buy” rating and issued a GBX 2,225 ($29.07) price target (down from GBX 2,255 ($29.47)) on shares of Compass Group in a research note on Wednesday, November 27th. Finally, Goldman Sachs Group dropped their price target on Compass Group from GBX 1,890 ($24.70) to GBX 1,700 ($22.21) and set a “sell” rating for the company in a research note on Friday, November 29th.
In other news, insider Gary Green sold 62,849 shares of Compass Group stock in a transaction on Thursday, November 28th. The shares were sold at an average price of GBX 1,875 ($24.50), for a total transaction of £1,178,418.75 ($1,539,812.82).
Shares of CPG traded down GBX 22 ($0.29) during mid-day trading on Monday, reaching GBX 1,821.50 ($23.80). The company had a trading volume of 2,387,533 shares, compared to its average volume of 3,910,000. The company’s 50 day simple moving average is GBX 1,982.48 and its 200 day simple moving average is GBX 1,972.69. Compass Group has a 1-year low of GBX 20.62 ($0.27) and a 1-year high of GBX 2,150 ($28.09). The company has a debt-to-equity ratio of 150.26, a quick ratio of 0.74 and a current ratio of 0.85. The company has a market capitalization of $28.99 billion and a price-to-earnings ratio of 24.68.
Compass Group (LON:CPG) last announced its quarterly earnings results on Tuesday, November 26th. The company reported GBX 85.20 ($1.11) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 84.40 ($1.10) by GBX 0.80 ($0.01). As a group, equities analysts forecast that Compass Group will post 8973.0006136 earnings per share for the current fiscal year.
The firm also recently disclosed a dividend, which will be paid on Monday, February 24th. Investors of record on Thursday, January 16th will be issued a GBX 26.90 ($0.35) dividend. This represents a yield of 1.4%. The ex-dividend date is Thursday, January 16th. This is a positive change from Compass Group’s previous dividend of $13.10. Compass Group’s dividend payout ratio (DPR) is 0.53%.
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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