Compass Group plc (LON:CPG) had its target price lowered by Societe Generale from GBX 1,290 ($16.00) to GBX 1,240 ($15.38) in a report issued on Wednesday morning. Societe Generale currently has a sell rating on the stock.
Several other equities analysts have also recently issued reports on the company. Morgan Stanley restated an equal weight rating on shares of Compass Group plc in a research report on Monday, November 7th. Royal Bank Of Canada boosted their price target on Compass Group plc from GBX 1,480 ($18.36) to GBX 1,530 ($18.98) and gave the company a sector perform rating in a research report on Thursday, October 13th. Canaccord Genuity restated a buy rating and issued a GBX 1,645 ($20.41) price target on shares of Compass Group plc in a research report on Thursday, July 28th. Jefferies Group cut Compass Group plc to a hold rating and boosted their price target for the company from GBX 1,450 ($17.99) to GBX 1,475 ($18.30) in a research report on Monday, November 7th. Finally, Barclays PLC restated an overweight rating and issued a GBX 1,500 ($18.61) price target on shares of Compass Group plc in a research report on Monday, September 26th. One analyst has 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 presently has an average rating of Hold and a consensus price target of GBX 1,437.47 ($17.83).
Shares of Compass Group plc (LON:CPG) opened at 1384.00 on Wednesday. The company has a 50 day moving average price of GBX 1,424.97 and a 200 day moving average price of GBX 1,414.15. 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’s market cap is GBX 22.77 billion.
The business also recently announced a dividend, which will be paid on Monday, February 20th. Investors of record on Thursday, January 19th will be paid a GBX 21.10 ($0.26) dividend. The ex-dividend date is Thursday, January 19th. This represents a yield of 1.59%. This is a positive change from Compass Group plc’s previous dividend of $10.60.
In related news, insider Paul Walsh bought 5,000 shares of Compass Group plc stock in a transaction that occurred on Wednesday, November 23rd. The shares were purchased at an average price of GBX 1,337 ($16.59) per share, with a total value of £66,850 ($82,930.16). Also, insider Gary Green sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, September 29th. The shares were sold at an average price of GBX 1,498 ($18.58), for a total value of £1,498,000 ($1,858,330.23).