Compass Group (LON:CPG) Stock Passes Above 200-Day Moving Average of $0.00

Compass Group PLC (LON:CPG) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0 ($0.00) and traded as high as GBX 1,657.03 ($21.65). Compass Group shares last traded at GBX 1,646 ($21.51), with a volume of 1,738,075 shares traded.

Several research firms recently weighed in on CPG. Deutsche Bank Aktiengesellschaft increased their target price on Compass Group from GBX 1,630 ($21.30) to GBX 1,720 ($22.47) and gave the stock a “buy” rating in a research report on Thursday, May 6th. Numis Securities reiterated a “hold” rating and set a GBX 1,270 ($16.59) target price on shares of Compass Group in a research report on Wednesday, May 12th. Berenberg Bank increased their target price on Compass Group from GBX 1,700 ($22.21) to GBX 1,800 ($23.52) and gave the stock a “buy” rating in a research report on Monday, May 17th. Finally, Liberum Capital reiterated a “hold” rating on shares of Compass Group in a research report on Wednesday, May 12th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,398.50 ($18.27).

The company has a current ratio of 0.92, a quick ratio of 0.86 and a debt-to-equity ratio of 96.35. The company has a market cap of £28.71 billion and a price-to-earnings ratio of -79.73. The firm’s 50 day moving average price is GBX 4,772.42.

Compass Group Company Profile (LON:CPG)

Compass Group PLC, together with 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.

Further Reading: Do equity income investments outperform growth and income investments?

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