JPMorgan Chase & Co. Boosts Compass Group (LON:CPG) Price Target to GBX 2,800

Compass Group (LON:CPG) had its price objective upped by JPMorgan Chase & Co. from GBX 2,600 ($34.00) to GBX 2,800 ($36.62) in a research report released on Wednesday, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other research firms have also weighed in on CPG. Shore Capital restated a buy rating on shares of Compass Group in a research note on Wednesday, May 15th. Royal Bank of Canada reissued an outperform rating and set a GBX 2,400 ($31.38) price objective on shares of Compass Group in a report on Tuesday, May 21st. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Compass Group presently has a consensus rating of Buy and a consensus price target of GBX 2,487.50 ($32.53).

Compass Group Stock Down 0.7 %

LON:CPG opened at GBX 2,436 ($31.86) on Wednesday. The firm has a market cap of £41.41 billion, a P/E ratio of 3,205.26, a P/E/G ratio of 1.80 and a beta of 0.81. The company has a debt-to-equity ratio of 89.31, a quick ratio of 0.86 and a current ratio of 0.78. Compass Group has a fifty-two week low of GBX 1,961.50 ($25.65) and a fifty-two week high of GBX 2,485 ($32.50). The firm has a 50-day simple moving average of GBX 2,321.24 and a two-hundred day simple moving average of GBX 2,252.25.

Insider Activity

In other Compass Group news, insider Leanne Wood bought 1,300 shares of Compass Group stock in a transaction on Thursday, July 25th. The stock was acquired at an average cost of GBX 2,317 ($30.30) per share, with a total value of £30,121 ($39,389.30). 0.15% of the stock is owned by corporate insiders.

Compass Group Company Profile

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company 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.