Compass Group’s (CPG) Overweight Rating Reiterated at Barclays

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Barclays restated their overweight rating on shares of Compass Group (LON:CPG) in a research report sent to investors on Friday morning.

CPG has been the subject of a number of other research reports. Kepler Capital Markets dropped their target price on shares of Compass Group from GBX 1,622 ($21.19) to GBX 1,600 ($20.91) and set a hold rating for the company in a report on Tuesday, November 20th. Goldman Sachs Group upped their price objective on Compass Group from GBX 1,660 ($21.69) to GBX 1,715 ($22.41) and gave the company a neutral rating in a research note on Tuesday, November 27th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Compass Group in a research note on Tuesday, January 29th. Berenberg Bank lowered their price objective on Compass Group from GBX 1,900 ($24.83) to GBX 1,850 ($24.17) and set a buy rating for the company in a research note on Thursday, January 17th. Finally, UBS Group reaffirmed a buy rating and issued a GBX 1,830 ($23.91) price objective (up previously from GBX 1,815 ($23.72)) on shares of Compass Group in a research note on Tuesday, December 4th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Compass Group has an average rating of Buy and a consensus target price of GBX 1,753.46 ($22.91).

CPG stock opened at GBX 1,749 ($22.85) on Friday. Compass Group has a 12 month low of GBX 1,396.50 ($18.25) and a 12 month high of GBX 1,698 ($22.19).

Compass Group (LON:CPG) last posted its earnings results on Tuesday, November 20th. The company reported GBX 77.60 ($1.01) EPS for the quarter, topping analysts’ consensus estimates of GBX 77 ($1.01) by GBX 0.60 ($0.01).

The company also recently disclosed a dividend, which will be paid on Monday, February 25th. Stockholders of record on Thursday, January 17th will be paid a GBX 25.40 ($0.33) dividend. The ex-dividend date is Thursday, January 17th. This represents a dividend yield of 1.52%. This is an increase from Compass Group’s previous dividend of $12.30.

In other Compass Group news, insider Gary Green sold 63,035 shares of the stock in a transaction that occurred on Wednesday, November 21st. The shares were sold at an average price of GBX 1,686 ($22.03), for a total transaction of £1,062,770.10 ($1,388,697.37). Also, insider John Bryant sold 740 shares of the stock in a transaction that occurred on Wednesday, November 28th. The shares were sold at an average price of GBX 1,655 ($21.63), for a total transaction of £12,247 ($16,002.87).

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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