Compass Group (LON:CPG)‘s stock had its “buy” rating reissued by stock analysts at UBS Group in a note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada cut shares of Compass Group to a “sector performer” rating and upped their price objective for the stock from GBX 1,750 ($22.87) to GBX 1,800 ($23.52) in a research report on Friday, June 7th. Canaccord Genuity restated a “hold” rating and set a GBX 1,750 ($22.87) price objective on shares of Compass Group in a research report on Tuesday, May 28th. Barclays restated an “equal weight” rating and set a GBX 1,850 ($24.17) price objective on shares of Compass Group in a research report on Thursday, May 16th. Oddo Securities upped their price objective on shares of Compass Group from GBX 1,630 ($21.30) to GBX 1,645 ($21.49) and gave the stock a “neutral” rating in a research report on Thursday, May 16th. Finally, Societe Generale upgraded shares of Compass Group to a “buy” rating and upped their price objective for the stock from GBX 1,690 ($22.08) to GBX 2,000 ($26.13) in a research report on Thursday, May 16th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 1,772.69 ($23.16).
CPG opened at GBX 1,861.50 ($24.32) on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.85 and a debt-to-equity ratio of 150.26. Compass Group has a 1 year low of GBX 1,467.50 ($19.18) and a 1 year high of GBX 1,854.50 ($24.23). The firm has a market capitalization of $29.45 billion and a P/E ratio of 25.22.
In other Compass Group news, insider Ireena Vittal bought 109 shares of Compass Group stock in a transaction dated Thursday, May 30th. The stock was acquired at an average cost of GBX 1,792 ($23.42) per share, for a total transaction of £1,953.28 ($2,552.31).
About Compass Group
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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