Compass Group plc (LON:CPG) was downgraded by Jefferies Group to a “hold” rating in a report issued on Monday. They currently have a GBX 1,475 ($18.43) target price on the stock, up from their previous target price of GBX 1,450 ($18.12). Jefferies Group’s price target would indicate a potential upside of 7.27% from the stock’s current price.
Other analysts also recently issued reports about the company. Barclays PLC restated an “overweight” rating and set a GBX 1,500 ($18.74) target price on shares of Compass Group plc in a research note on Monday, September 26th. Societe Generale raised their target price on Compass Group plc from GBX 1,190 ($14.87) to GBX 1,290 ($16.12) and gave the company a “sell” rating in a research note on Thursday, September 29th. Royal Bank Of Canada raised their target price 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. Shore Capital restated a “hold” rating on shares of Compass Group plc in a research note on Thursday, July 28th. Finally, Numis Securities Ltd restated a “hold” rating and set a GBX 1,450 ($18.12) target price on shares of Compass Group plc in a research note on Thursday, July 28th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,411.50 ($17.63).
Compass Group plc (LON:CPG) traded up 0.66% during mid-day trading on Monday, reaching GBX 1375.00. The company’s stock had a trading volume of 3,088,791 shares. The stock’s 50-day moving average is GBX 1,429.57 and its 200-day moving average is GBX 1,411.13. The firm’s market capitalization is GBX 22.62 billion. Compass Group plc has a 12 month low of GBX 1,079.00 and a 12 month high of GBX 1,559.00.
The firm also recently declared a dividend, which will be paid on Monday, February 20th. Stockholders of record on Thursday, January 19th will be issued a dividend of GBX 21.10 ($0.26) per share. This represents a dividend yield of 1.59%. The ex-dividend date is Thursday, January 19th. This is a boost from Compass Group plc’s previous dividend of $10.60.
In related news, insider Ireena Vittal acquired 1,863 shares of the stock in a transaction that occurred on Thursday, September 22nd. The shares were acquired at an average price of GBX 1,491 ($18.63) per share, for a total transaction of £27,777.33 ($34,704.31). Also, insider Paul Walsh acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, November 23rd. The shares were bought at an average price of GBX 1,337 ($16.70) per share, for a total transaction of £66,850 ($83,520.74).