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

Shares of Compass Group PLC (LON:CPG) have earned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 2,690 ($33.24).

A number of equities analysts have commented on CPG shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,960 ($36.58) price target on shares of Compass Group in a research note on Thursday, February 6th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Compass Group from GBX 2,500 ($30.89) to GBX 2,600 ($32.13) and gave the stock a “hold” rating in a research note on Tuesday, December 10th.

Compass Group Price Performance

CPG stock opened at GBX 2,768 ($34.21) on Tuesday. Compass Group has a 1 year low of GBX 2,114 ($26.12) and a 1 year high of GBX 2,805 ($34.66). 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 company’s 50-day moving average is GBX 2,696.96 and its 200-day moving average is GBX 2,529.35. The stock has a market capitalization of £47.06 billion, a PE ratio of 3,642.11, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81.

Compass Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 27th. Investors of record on Thursday, January 16th will be issued a dividend of $0.39 per share. This represents a dividend yield of 1.17%. The ex-dividend date is Thursday, January 16th. This is an increase from Compass Group’s previous dividend of $0.21. Compass Group’s dividend payout ratio is currently 5,789.47%.

Insider Activity at Compass Group

In other news, insider Palmer Brown bought 9,401 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was purchased at an average price of GBX 2,656 ($32.82) per share, with a total value of £249,690.56 ($308,564.71). Also, insider Dominic Blakemore sold 119,821 shares of Compass Group stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of GBX 2,692 ($33.27), for a total value of £3,225,581.32 ($3,986,136.09). 0.15% of the stock is currently owned by company insiders.

Compass Group Company Profile

Compass Group PLC is a world leading food service company, which generated annual revenues of £31.3 billion in the year to 30 September 2023. It serves meals to millions of people in c. 35 countries and employs and engages with c. 550,000 people. The Company specialises in providing food and a range of targeted support services across the core sectors of Business & Industry, Healthcare & Senior Living, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.