Compass Group (LON:CPG) Sets New 12-Month High at $2,250.00

Compass Group PLC (LON:CPG – Get Rating)’s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 2,250 ($28.18) and last traded at GBX 2,246.24 ($28.14), with a volume of 85331 shares trading hands. The stock had previously closed at GBX 2,235 ($28.00).

Analyst Ratings Changes

Several brokerages have recently weighed in on CPG. Numis Securities reaffirmed a “hold” rating and issued a GBX 1,900 ($23.80) target price on shares of Compass Group in a report on Thursday, February 9th. Royal Bank of Canada reiterated an “underperform” rating and issued a GBX 1,625 ($20.36) price objective on shares of Compass Group in a research note on Monday, February 13th. Shore Capital reiterated a “buy” rating on shares of Compass Group in a research note on Wednesday, May 17th. Peel Hunt reiterated a “buy” rating on shares of Compass Group in a research note on Tuesday, January 24th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Compass Group from GBX 2,150 ($26.93) to GBX 2,200 ($27.56) and gave the company a “neutral” rating in a research note on Friday, February 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of GBX 2,041.67 ($25.58).

Compass Group Trading Up 0.5 %

The firm has a market capitalization of £39.08 billion, a PE ratio of 2,980.00, a P/E/G ratio of 1.77 and a beta of 0.85. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 78.97. The business’s fifty day moving average price is GBX 2,052.82 and its 200 day moving average price is GBX 1,952.51.

Compass Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, July 27th. Stockholders of record on Thursday, June 8th will be issued a dividend of GBX 15 ($0.19) per share. The ex-dividend date of this dividend is Thursday, June 8th. This represents a dividend yield of 0.73%. Compass Group’s dividend payout ratio (DPR) is presently 4,933.33%.

Insider Transactions at Compass Group

In related news, insider Carol Arrowsmith sold 1,027 shares of the company’s stock in a transaction that occurred on Monday, March 20th. The shares were sold at an average price of GBX 1,948 ($24.40), for a total transaction of £20,005.96 ($25,060.70). Insiders own 0.16% of the company’s stock.

Compass Group Company Profile

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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.