Brokerages Set Compass Group PLC (LON:CPG) PT at GBX 2,770

Shares of Compass Group PLC (LON:CPG) have been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 2,770.

Several brokerages have recently issued reports on CPG. Berenberg Bank raised their price objective on shares of Compass Group from GBX 2,960 to GBX 3,000 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Shore Capital restated a “buy” rating on shares of Compass Group in a research note on Tuesday, July 22nd. Citigroup raised their price objective on shares of Compass Group from GBX 2,650 to GBX 2,750 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Finally, Royal Bank Of Canada raised their price objective on shares of Compass Group from GBX 2,625 to GBX 2,700 and gave the stock a “sector perform” rating in a research note on Thursday, July 24th.

Compass Group Trading Up 0.3%

LON:CPG opened at GBX 2,617 on Monday. The company’s 50 day moving average is GBX 2,559.32 and its 200-day moving average is GBX 2,595.30. The firm has a market cap of £44.39 billion, a price-to-earnings ratio of 32.91, a P/E/G ratio of 1.42 and a beta of 0.81. The company has a quick ratio of 0.86, a current ratio of 0.74 and a debt-to-equity ratio of 86.56. Compass Group has a 12 month low of GBX 2,344 and a 12 month high of GBX 2,853.

About Compass Group

Compass Group PLC is a world leading food service company, which generated annual revenues of $42.2 billion in the year to 30 September 2024. It serves meals to millions of people in c. 30 countries and employs and engages with c. 580,000 people. The Company specialises in providing food and a range of targeted support services across the core sectors of Business & Industry, Healthcare & Senior Living, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.