Compass Group PLC (LON:CPG) Given Average Recommendation of “Moderate Buy” by Analysts

Compass Group PLC (LON:CPG) has received an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 2,374 ($30.03).

CPG has been the subject of several research reports. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 2,400 ($30.36) price objective on shares of Compass Group in a research report on Tuesday, May 21st. Shore Capital reissued a “buy” rating on shares of Compass Group in a research report on Wednesday, May 15th.

Insider Transactions at Compass Group

In other Compass Group news, insider Arlene Isaacs-Lowe purchased 2,800 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were bought at an average price of GBX 2,176 ($27.52) per share, with a total value of £60,928 ($77,065.52). 0.15% of the stock is currently owned by insiders.

Compass Group Stock Up 1.2 %

CPG opened at GBX 2,161 ($27.33) on Friday. Compass Group has a 1-year low of GBX 1,940.50 ($24.54) and a 1-year high of GBX 2,332 ($29.50). The company has a current ratio of 0.78, a quick ratio of 0.86 and a debt-to-equity ratio of 89.31. The stock has a market capitalization of £36.74 billion, a price-to-earnings ratio of 2,769.05, a P/E/G ratio of 1.80 and a beta of 0.77. The business has a 50 day moving average of GBX 2,223.04 and a 200-day moving average of GBX 2,196.03.

Compass Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, July 25th. Shareholders of record on Thursday, June 13th will be issued a dividend of $0.21 per share. This represents a yield of 0.71%. The ex-dividend date is Thursday, June 13th. Compass Group’s dividend payout ratio (DPR) is currently 5,769.23%.

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.