Compass Group PLC (LON:CPG) Given Consensus Recommendation of “Buy” by Brokerages

Compass Group PLC (LON:CPG) has been given an average recommendation of “Buy” by the seven ratings firms that are presently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,487.50 ($32.86).

Separately, JPMorgan Chase & Co. upped their target price on shares of Compass Group from GBX 2,600 ($34.35) to GBX 2,800 ($36.99) and gave the stock an “overweight” rating in a research note on Wednesday, September 11th.

Compass Group Stock Up 0.1 %

Shares of LON:CPG opened at GBX 2,423 ($32.01) on Friday. The firm has a market capitalization of £41.19 billion, a PE ratio of 3,185.53, a price-to-earnings-growth ratio of 1.80 and a beta of 0.81. Compass Group has a 1 year low of GBX 1,961.50 ($25.91) and a 1 year high of GBX 2,485 ($32.83). The company has a debt-to-equity ratio of 89.31, a current ratio of 0.78 and a quick ratio of 0.86. The firm’s 50-day moving average is GBX 2,344.88 and its two-hundred day moving average is GBX 2,259.62.

Insider Activity

In other news, insider Leanne Wood bought 1,300 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The shares were purchased at an average cost of GBX 2,317 ($30.61) per share, for a total transaction of £30,121 ($39,789.96). Company 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.