UBS Group Reaffirms Buy Rating for Compass Group (LON:CPG)

UBS Group restated their buy rating on shares of Compass Group (LON:CPG) in a research report report published on Friday, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued reports about the stock. Oddo Securities upped their target price 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. Canaccord Genuity began coverage on shares of TransMedics Group in a report on Tuesday, May 28th. They issued a buy rating and a $37.00 price objective on the stock. JPMorgan Chase & Co. set a $60.00 price objective on shares of Bayerische Motoren Werke and gave the company a sell rating in a report on Monday, April 8th. Goldman Sachs Group set a €76.00 ($88.37) price objective on shares of Symrise and gave the company a neutral rating in a report on Thursday, March 21st. Finally, Societe Generale upgraded shares of Compass Group to a buy rating and increased their price objective for the company from GBX 1,690 ($22.08) to GBX 2,000 ($26.13) in a report on Thursday, May 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of GBX 1,771.67 ($23.15).

Shares of CPG stock opened at GBX 1,961.50 ($25.63) on Friday. Compass Group has a 1 year low of GBX 1,467.50 ($19.18) and a 1 year high of GBX 1,958.50 ($25.59). The business’s 50 day moving average is GBX 1,888.87. The firm has a market capitalization of $31.12 billion and a price-to-earnings ratio of 26.58. The company has a debt-to-equity ratio of 150.26, a current ratio of 0.85 and a quick ratio of 0.74.

The firm also recently disclosed a dividend, which will be paid on Monday, July 29th. Investors of record on Thursday, June 20th will be issued a GBX 13.10 ($0.17) dividend. The ex-dividend date of this dividend is Thursday, June 20th. This represents a yield of 0.74%. Compass Group’s dividend payout ratio is currently 0.53%.

In other news, insider Anne-Francoise Nesmes bought 1,326 shares of the business’s stock in a transaction on Thursday, June 27th. The shares were bought at an average cost of GBX 1,874 ($24.49) per share, for a total transaction of £24,849.24 ($32,469.93). Also, insider Karen Witts sold 7,157 shares of the stock in a transaction on Monday, July 1st. The stock was sold at an average price of GBX 1,894 ($24.75), for a total transaction of £135,553.58 ($177,124.76).

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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Analyst Recommendations for Compass Group (LON:CPG)

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