Compass Group (LON:CPG) had its target price decreased by Deutsche Bank from GBX 1,850 ($24.34) to GBX 1,200 ($15.79) in a research note published on Wednesday morning, Stock Target Advisor reports. Deutsche Bank currently has a hold rating on the stock.

A number of other brokerages have also recently issued reports on CPG. Goldman Sachs Group raised Compass Group to a neutral rating in a research note on Thursday, February 27th. BNP Paribas cut Compass Group to an underperform rating in a research note on Wednesday, December 11th. Shore Capital reaffirmed a hold rating on shares of Compass Group in a research note on Tuesday. Barclays reaffirmed an equal weight rating on shares of Compass Group in a research note on Friday, February 21st. Finally, UBS Group reaffirmed a buy rating on shares of Compass Group in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. Compass Group has an average rating of Hold and a consensus price target of GBX 1,772.31 ($23.31).

Shares of LON:CPG traded up GBX 54.50 ($0.72) on Wednesday, reaching GBX 1,109.50 ($14.59). 13,259,422 shares of the company traded hands, compared to its average volume of 3,910,000. The business’s 50-day simple moving average is GBX 1,712.49 and its 200 day simple moving average is GBX 1,903.67. Compass Group has a 52 week low of GBX 20.62 ($0.27) and a 52 week high of GBX 2,150 ($28.28). The stock has a market capitalization of $17.76 billion and a P/E ratio of 15.87. The company has a current ratio of 0.76, a quick ratio of 0.63 and a debt-to-equity ratio of 115.32.

In other news, insider John Bason bought 1,212 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was bought at an average cost of GBX 1,729 ($22.74) per share, for a total transaction of £20,955.48 ($27,565.75).

About Compass Group

Compass Group PLC, through its subsidiaries, operates as a food and support services company in North America, Europe, and internationally. It serves business and industry; healthcare and senior living market; education; sports and leisure; and defense, offshore, and remote sectors. The company also offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.

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Analyst Recommendations for Compass Group (LON:CPG)

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