Compass Group plc (LON:CPG) had its price target cut by Societe Generale from GBX 1,290 ($16.12) to GBX 1,240 ($15.49) in a report released on Wednesday. They currently have a sell rating on the stock.
Several other research firms also recently issued reports on CPG. Royal Bank Of Canada downgraded shares of Compass Group plc to a sector performer rating and upped their price objective for the company from GBX 1,350 ($16.87) to GBX 1,480 ($18.49) in a research note on Friday, July 29th. Panmure Gordon restated a hold rating and issued a GBX 1,400 ($17.49) price objective on shares of Compass Group plc in a research note on Tuesday, November 22nd. Credit Suisse Group AG restated an outperform rating and issued a GBX 1,575 ($19.68) price objective on shares of Compass Group plc in a research note on Friday, July 29th. Morgan Stanley restated an equal weight rating on shares of Compass Group plc in a research note on Monday, November 7th. Finally, Barclays PLC restated an overweight rating and issued a GBX 1,500 ($18.74) price objective on shares of Compass Group plc in a research note on Monday, September 26th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 1,411.50 ($17.63).
Shares of Compass Group plc (LON:CPG) opened at 1380.00 on Wednesday. The stock’s market capitalization is GBX 22.70 billion. Compass Group plc has a 1-year low of GBX 1,079.00 and a 1-year high of GBX 1,559.00. The firm’s 50-day moving average price is GBX 1,429.57 and its 200 day moving average price is GBX 1,411.13.
The business 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. The ex-dividend date is Thursday, January 19th. This is a boost from Compass Group plc’s previous dividend of $10.60. This represents a yield of 1.59%.
In related news, insider Paul Walsh bought 5,000 shares of the company’s stock in a transaction on Wednesday, November 23rd. The stock was bought at an average cost of GBX 1,337 ($16.70) per share, with a total value of £66,850 ($83,520.74). Also, insider Gary Green sold 100,000 shares of the stock in a transaction dated Thursday, September 29th. The shares were sold at an average price of GBX 1,498 ($18.72), for a total transaction of £1,498,000 ($1,871,564.22).