COMPASS GRP PLC/S (OTCMKTS:CMPGY) Cut to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of COMPASS GRP PLC/S (OTCMKTS:CMPGY) from a hold rating to a sell rating in a research note published on Monday, 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 café 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. “

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

Shares of OTCMKTS:CMPGY opened at $24.51 on Monday. COMPASS GRP PLC/S has a 52-week low of $19.47 and a 52-week high of $24.66. The company has a market capitalization of $38.97 billion, a PE ratio of 26.93, a P/E/G ratio of 3.77 and a beta of 0.49. The business has a 50 day moving average price of $23.80. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.77 and a current ratio of 0.85.

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

COMPASS GRP PLC/S Company Profile

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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