Compass Group plc (LON:CPG) had its target price boosted by equities researchers at JPMorgan Chase & Co. from GBX 1,595 ($19.79) to GBX 1,600 ($19.85) in a research note issued on Tuesday. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 16.61% from the company’s current price.
CPG has been the topic of several other reports. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and set a GBX 1,491 ($18.50) price target on shares of Compass Group plc in a research note on Thursday, September 8th. Societe Generale raised their target price on shares of Compass Group plc from GBX 1,190 ($14.76) to GBX 1,290 ($16.00) and gave the stock a “sell” rating in a research report on Thursday, September 29th. Panmure Gordon reissued a “hold” rating and issued a GBX 1,400 ($17.37) target price on shares of Compass Group plc in a research report on Thursday, September 15th. Barclays PLC reissued an “overweight” rating and issued a GBX 1,500 ($18.61) target price on shares of Compass Group plc in a research report on Monday, September 26th. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 1,450 ($17.99) target price on shares of Compass Group plc in a research report on Tuesday, November 8th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 1,437.47 ($17.83).
Shares of Compass Group plc (LON:CPG) opened at 1410.00 on Tuesday. The firm has a 50 day moving average of GBX 1,424.97 and a 200-day moving average 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 stock’s market capitalization is GBX 23.19 billion.
The business also recently declared 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. This represents a dividend yield of 1.59%. The ex-dividend date of this dividend is Thursday, January 19th. This is a positive change from Compass Group plc’s previous dividend of $10.60.
In related news, insider Paul Walsh purchased 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was acquired at an average price of GBX 1,337 ($16.59) per share, for a total transaction of £66,850 ($82,930.16). Also, insider Bomhard ,Stefan purchased 6,100 shares of the company’s stock in a transaction that occurred on Tuesday, September 20th. The stock was bought at an average price of GBX 1,486 ($18.43) per share, with a total value of £90,646 ($112,450.07).