Compass Group plc (CPG) Trading Up 1.6%
Shares of Compass Group plc (LON:CPG) were up 1.6% during trading on Thursday . The stock traded as high as GBX 1,635 ($21.50) and last traded at GBX 1,635 ($21.50). Approximately 2,157,281 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 3,531,690 shares. The stock had previously closed at GBX 1,610 ($21.17).
Several equities analysts recently weighed in on CPG shares. Canaccord Genuity raised their price objective on Compass Group plc from GBX 1,550 ($20.38) to GBX 1,630 ($21.43) and gave the company a “hold” rating in a research note on Thursday, July 27th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,800 ($23.67) price objective on shares of Compass Group plc in a research note on Thursday, September 21st. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 1,700 ($22.35) price objective on shares of Compass Group plc in a research note on Monday, July 17th. Liberum Capital started coverage on Compass Group plc in a research note on Wednesday, July 5th. They issued a “buy” rating and a GBX 1,850 ($24.32) price objective for the company. Finally, Kepler Capital Markets reaffirmed a “hold” rating and issued a GBX 1,622 ($21.33) price objective on shares of Compass Group plc in a research note on Friday, September 22nd. One analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,637.94 ($21.53).
The company’s market capitalization is GBX 25.61 billion. The firm has a 50-day moving average of GBX 1,631.08 and a 200-day moving average of GBX 1,510.16.
In other news, insider Paul Walsh bought 10,000 shares of the business’s stock in a transaction on Thursday, September 21st. The shares were bought at an average cost of GBX 1,571 ($20.65) per share, with a total value of £157,100 ($206,547.46).
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Compass Group plc Company Profile
Compass Group PLC provides food and support services. The Company’s segments include North America, Europe, Rest of World and Central activities. The Europe segment includes Turkey and Russia. The Rest of World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure.
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