Compass Group PLC (LON:CPG) Receives Average Rating of “Moderate Buy” from Analysts

Compass Group PLC (LON:CPG) has received an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 2,374 ($30.54).

A number of equities analysts have weighed in on the company. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 2,400 ($30.87) price objective on shares of Compass Group in a research note on Tuesday, May 21st. Shore Capital reiterated a “buy” rating on shares of Compass Group in a research note on Wednesday, May 15th.

Insider Activity at Compass Group

In other Compass Group news, insider Arlene Isaacs-Lowe purchased 2,800 shares of the business’s stock in a transaction that occurred on Tuesday, May 28th. The stock was purchased at an average price of GBX 2,176 ($27.99) per share, for a total transaction of £60,928 ($78,374.07). In other news, insider Arlene Isaacs-Lowe acquired 2,800 shares of the business’s stock in a transaction on Tuesday, May 28th. The stock was bought at an average cost of GBX 2,176 ($27.99) per share, for a total transaction of £60,928 ($78,374.07). Also, insider Leanne Wood acquired 1,300 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were purchased at an average price of GBX 2,317 ($29.80) per share, with a total value of £30,121 ($38,745.82). 0.15% of the stock is owned by company insiders.

Compass Group Stock Performance

Shares of CPG opened at GBX 2,364 ($30.41) on Thursday. The stock has a 50-day moving average of GBX 2,208.70 and a two-hundred day moving average of GBX 2,206.43. The stock has a market cap of £40.19 billion, a P/E ratio of 3,024.36, a P/E/G ratio of 1.80 and a beta of 0.77. Compass Group has a one year low of GBX 1,940.50 ($24.96) and a one year high of GBX 2,375 ($30.55). The company has a debt-to-equity ratio of 89.31, a quick ratio of 0.86 and a current ratio of 0.78.

Compass Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, July 25th. Investors of record on Thursday, June 13th were paid a $0.21 dividend. The ex-dividend date was Thursday, June 13th. This represents a dividend yield of 0.71%. Compass Group’s dividend payout ratio is presently 5,769.23%.

About Compass Group

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.