Compass Group plc (LON:CPG)‘s stock had its “overweight” rating reissued by research analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday. They currently have a GBX 1,595 ($19.93) target price on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 16.76% from the stock’s current price.
Several other analysts have also issued reports on the company. Barclays PLC reiterated an “overweight” rating and set a GBX 1,500 ($18.74) target price on shares of Compass Group plc in a report on Monday, November 14th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 1,450 ($18.12) target price on shares of Compass Group plc in a report on Tuesday, November 8th. Morgan Stanley reiterated an “equal weight” rating on shares of Compass Group plc in a report on Monday, November 7th. Jefferies Group lowered Compass Group plc to a “hold” rating and upped their price objective for the company from GBX 1,450 ($18.12) to GBX 1,475 ($18.43) in a research note on Monday, November 7th. Finally, Royal Bank Of Canada upped their price objective on Compass Group plc from GBX 1,480 ($18.49) to GBX 1,530 ($19.12) and gave the company a “sector perform” rating in a research note on Thursday, October 13th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 1,393 ($17.40).
Shares of Compass Group plc (LON:CPG) traded up 0.66% during mid-day trading on Monday, reaching GBX 1375.00. The company had a trading volume of 3,088,791 shares. Compass Group plc has a 12-month low of GBX 1,079.00 and a 12-month high of GBX 1,559.00. The stock’s market capitalization is GBX 22.62 billion. The firm’s 50 day moving average is GBX 1,432.86 and its 200-day moving average is GBX 1,411.38.
The firm also recently announced a dividend, which will be paid on Monday, February 20th. Shareholders of record on Thursday, January 19th will be issued a GBX 21.10 ($0.26) dividend. This represents a dividend yield of 1.59%. The ex-dividend date of this dividend is Thursday, January 19th. This is an increase from Compass Group plc’s previous dividend of $10.60.
In other news, insider Bomhard ,Stefan acquired 6,100 shares of the business’s stock in a transaction that occurred on Tuesday, September 20th. The shares were bought at an average price of GBX 1,486 ($18.57) per share, with a total value of £90,646 ($113,250.87). Also, insider Gary Green sold 100,000 shares of the firm’s stock in a transaction on Thursday, September 29th. The shares were sold at an average price of GBX 1,498 ($18.72), for a total value of £1,498,000 ($1,871,564.22).