Analysts Set Compass Group PLC (LON:CPG) PT at GBX 2,374

Shares of Compass Group PLC (LON:CPG) have been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 2,374 ($30.03).

A number of equities research analysts have recently issued reports on the stock. Shore Capital restated a “buy” rating on shares of Compass Group in a report on Wednesday, May 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 2,400 ($30.36) price objective on shares of Compass Group in a research report on Tuesday, May 21st.

Insider Activity at Compass Group

In other Compass Group news, insider Arlene Isaacs-Lowe bought 2,800 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was bought at an average cost 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 stock opened at GBX 2,161 ($27.33) on Friday. Compass Group has a 52-week low of GBX 1,940.50 ($24.54) and a 52-week high of GBX 2,332 ($29.50). The company’s 50 day simple moving average is GBX 2,223.04 and its 200-day simple moving average is GBX 2,196.03. The company has a debt-to-equity ratio of 89.31, a current ratio of 0.78 and a quick ratio of 0.86. The firm has a market capitalization of £36.74 billion, a P/E ratio of 2,769.05, a P/E/G ratio of 1.80 and a beta of 0.77.

Compass Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, July 25th. Investors of record on Thursday, June 13th will be given 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 payout ratio is presently 5,769.23%.

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.