Analysts Set Compass Group PLC (LON:CPG) Price Target at GBX 2,371

Compass Group PLC (LON:CPG) has been assigned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,371 ($29.52).

CPG has been the subject of several analyst reports. Citigroup reaffirmed a “buy” rating on shares of Compass Group in a report on Tuesday, February 20th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 2,600 ($32.37) target price on shares of Compass Group in a report on Monday, February 26th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Compass Group in a research note on Thursday, February 8th.

Compass Group Price Performance

Shares of CPG opened at GBX 2,169 ($27.00) on Tuesday. The company has a debt-to-equity ratio of 86.40, a quick ratio of 0.86 and a current ratio of 0.75. Compass Group has a fifty-two week low of GBX 1,940.50 ($24.16) and a fifty-two week high of GBX 2,331 ($29.02). The firm has a 50-day simple moving average of GBX 2,202.40 and a 200-day simple moving average of GBX 2,134.05. The company has a market capitalization of £36.87 billion, a price-to-earnings ratio of 2,892.00, a price-to-earnings-growth ratio of 1.79 and a beta of 0.75.

Compass Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, January 18th were given a GBX 28.10 ($0.35) dividend. The ex-dividend date of this dividend was Thursday, January 18th. This represents a dividend yield of 1.34%. This is a boost from Compass Group’s previous dividend of $15.00. Compass Group’s dividend payout ratio (DPR) is currently 5,733.33%.

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.