Compass Group (LON:CPG) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Compass Group (LON:CPG) had its target price upped by research analysts at Deutsche Bank Aktiengesellschaft from GBX 2,500 ($31.94) to GBX 2,600 ($33.22) in a research report issued on Tuesday,London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential downside of 4.02% from the company’s current price.

Separately, JPMorgan Chase & Co. raised their price objective on Compass Group from GBX 2,600 ($33.22) to GBX 2,800 ($35.77) and gave the company an “overweight” rating in a research report on Wednesday, September 11th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Compass Group currently has an average rating of “Moderate Buy” and an average price target of GBX 2,600 ($33.22).

Compass Group Stock Up 1.0 %

Shares of CPG traded up GBX 28 ($0.36) during midday trading on Tuesday, reaching GBX 2,709 ($34.61). 6,217,597 shares of the stock were exchanged, compared to its average volume of 4,896,749. Compass Group has a 52 week low of GBX 2,062 ($26.34) and a 52 week high of GBX 2,786 ($35.59). The company’s 50 day moving average is GBX 2,556.34 and its two-hundred day moving average is GBX 2,381.30. The company has a market capitalization of £46.05 billion, a P/E ratio of 3,564.47, a PEG ratio of 1.42 and a beta of 0.81. The company has a current ratio of 0.78, a quick ratio of 0.86 and a debt-to-equity ratio of 89.31.

Insider Buying and Selling at Compass Group

In other Compass Group news, insider Dominic Blakemore sold 119,821 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of GBX 2,692 ($34.39), for a total value of £3,225,581.32 ($4,121,095.34). 0.15% of the stock is currently owned by company insiders.

About Compass Group

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.