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

Compass Group PLC (LON:CPG) has earned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 2,374 ($30.12).

Several analysts recently weighed in on CPG shares. Shore Capital reiterated a “buy” rating on shares of Compass Group in a report on Wednesday, May 15th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 2,400 ($30.45) price objective on shares of Compass Group in a research note on Tuesday, May 21st.

Compass Group Stock Down 1.9 %

Shares of CPG opened at GBX 2,160 ($27.40) on Friday. 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 firm has a market cap of £36.72 billion, a P/E ratio of 2,769.23, a price-to-earnings-growth ratio of 1.80 and a beta of 0.77. The company’s 50-day moving average price is GBX 2,227.98 and its 200 day moving average price is GBX 2,195.08. Compass Group has a 12-month low of GBX 1,940.50 ($24.62) and a 12-month high of GBX 2,332 ($29.58).

Compass Group Cuts Dividend

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

Insider Buying and Selling

In related news, insider Arlene Isaacs-Lowe acquired 2,800 shares of the stock in a transaction dated Tuesday, May 28th. The stock was acquired at an average cost of GBX 2,176 ($27.60) per share, with a total value of £60,928 ($77,290.37). 0.15% of the stock is currently owned by insiders.

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.