Goldman Sachs Group upgraded shares of Compass Group (LON:CPG) to a buy rating in a report published on Wednesday, Stock Target Advisor reports. The firm currently has GBX 1,600 ($21.05) target price on the stock, down from their previous target price of GBX 1,800 ($23.68).

Several other analysts also recently commented on the stock. UBS Group reiterated a buy rating on shares of Compass Group in a research report on Friday, February 7th. Jefferies Financial Group raised shares of Compass Group to a buy rating and dropped their price objective for the company from GBX 1,900 ($24.99) to GBX 1,350 ($17.76) in a research note on Monday, March 16th. JPMorgan Chase & Co. dropped their price objective on shares of Compass Group from GBX 2,040 ($26.84) to GBX 1,920 ($25.26) and set an overweight rating on the stock in a research note on Tuesday. BNP Paribas cut shares of Compass Group to an underperform rating in a research note on Wednesday, December 11th. Finally, Liberum Capital cut shares of Compass Group to a hold rating and dropped their price objective for the company from GBX 2,000 ($26.31) to GBX 1,400 ($18.42) in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 1,772.31 ($23.31).

CPG stock traded up GBX 54.50 ($0.72) on Wednesday, hitting GBX 1,109.50 ($14.59). The company’s stock had a trading volume of 13,259,422 shares, compared to its average volume of 3,910,000. The firm has a 50 day moving average of GBX 1,712.49 and a two-hundred day moving average of GBX 1,903.67. Compass Group has a 1 year low of GBX 20.62 ($0.27) and a 1 year high of GBX 2,150 ($28.28). The stock has a market cap of $17.76 billion and a price-to-earnings 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 related news, insider John Bason purchased 1,212 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average cost of GBX 1,729 ($22.74) per share, with a total value of £20,955.48 ($27,565.75).

Compass Group Company Profile

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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