Zacks Investment Research cut shares of COMPASS GRP PLC/S (OTCMKTS:CMPGY) from a hold rating to a sell rating in a research note released on Monday morning, Zacks.com reports.

According to Zacks, “Compass Group PLC provides food and support services to its customers globally through its subsidiaries. The Company serves customers in offices and factories; schools and universities; hospitals and senior living communities; major sports and cultural venues; and remote mining camps and offshore platforms. Its food service segment offers services in the form of free flow restaurants, formal dining restaurants, grab and go deli and cafĂ© outlets and vending. Support services provided by Compass Group PLC include cleaning, building operations and maintenance, logistics and transport, outdoor, project management and security services. The sectors catered by Campus include business and industry; healthcare and senior citizens; education; sports and leisure and defense, offshore and remote. Compass Group PLC is headquartered in Chertsey, United Kingdom. “

CMPGY has been the topic of several other reports. Barclays increased their price target on shares of Zimmer Biomet from $113.00 to $117.00 and gave the stock an underweight rating in a research report on Monday, April 15th. Royal Bank of Canada decreased their price objective on shares of Saputo from C$52.00 to C$50.00 and set an outperform rating on the stock in a research report on Friday, June 7th. Jefferies Financial Group restated a hold rating on shares of COMPASS GRP PLC/S in a research report on Tuesday, April 9th. Sanford C. Bernstein set a €105.00 ($122.09) price objective on shares of Merck KGaA and gave the company a buy rating in a research report on Monday, April 8th. Finally, Goldman Sachs Group set a €76.00 ($88.37) price objective on shares of Symrise and gave the company a neutral rating in a research report on Thursday, March 21st. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $25.00.

CMPGY opened at $24.71 on Monday. The company has a quick ratio of 0.77, a current ratio of 0.85 and a debt-to-equity ratio of 1.48. COMPASS GRP PLC/S has a 1-year low of $19.47 and a 1-year high of $24.71. The company has a market capitalization of $38.99 billion, a P/E ratio of 27.15, a PEG ratio of 3.77 and a beta of 0.49. The stock has a 50 day simple moving average of $23.84.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, August 8th. Stockholders of record on Friday, June 21st will be given a dividend of $0.152 per share. The ex-dividend date is Thursday, June 20th. COMPASS GRP PLC/S’s payout ratio is 32.97%.

About COMPASS GRP PLC/S

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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Analyst Recommendations for COMPASS GRP PLC/S (OTCMKTS:CMPGY)

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