Compass Group PLC (LON:CPG) Given Consensus Rating of “Buy” by Analysts

Compass Group PLC (LON:CPG) has earned a consensus rating of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 2,533.33 ($33.15).

Separately, JPMorgan Chase & Co. boosted their target price on Compass Group from GBX 2,600 ($34.03) to GBX 2,800 ($36.64) and gave the stock an “overweight” rating in a research report on Wednesday, September 11th.

Compass Group Stock Performance

LON:CPG opened at GBX 2,431 ($31.82) on Tuesday. The business has a 50 day moving average of GBX 2,401.41 and a 200 day moving average of GBX 2,282.71. The company has a market capitalization of £41.33 billion, a price-to-earnings ratio of 3,285.14, a PEG ratio of 1.76 and a beta of 0.81. Compass Group has a 1-year low of GBX 1,961.50 ($25.67) and a 1-year high of GBX 2,485 ($32.52). The company has a debt-to-equity ratio of 89.31, a current ratio of 0.78 and a quick ratio of 0.86.

Insiders Place Their Bets

In related news, insider Leanne Wood purchased 1,300 shares of the firm’s stock in a transaction on Thursday, July 25th. The shares were acquired at an average cost of GBX 2,317 ($30.32) per share, with a total value of £30,121 ($39,420.23). Insiders own 0.15% of the company’s stock.

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.