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

Shares of Compass Group PLC (LON:CPG) have been given an average recommendation of “Moderate Buy” by the eight brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 2,371 ($29.52).

Several brokerages have commented on CPG. Shore Capital reiterated a “buy” rating on shares of Compass Group in a research note on Thursday, February 8th. Citigroup restated a “buy” rating on shares of Compass Group in a research report on Tuesday, February 20th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 2,600 ($32.37) target price on shares of Compass Group in a research report on Monday, February 26th.

Compass Group Stock Performance

Shares of Compass Group stock opened at GBX 2,174 ($27.06) on Tuesday. The firm has a market capitalization of £36.96 billion, a P/E ratio of 2,898.67, a P/E/G ratio of 1.79 and a beta of 0.75. Compass Group has a 52 week low of GBX 1,940.50 ($24.16) and a 52 week high of GBX 2,331 ($29.02). The company has a quick ratio of 0.86, a current ratio of 0.75 and a debt-to-equity ratio of 86.40. The firm’s 50 day moving average is GBX 2,203.96 and its two-hundred day moving average is GBX 2,132.76.

Compass Group Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, January 18th were issued a dividend of GBX 28.10 ($0.35) per share. The ex-dividend date of this dividend was Thursday, January 18th. This represents a dividend yield of 1.34%. This is a boost from Compass Group’s previous dividend of $15.00. Compass Group’s payout ratio is presently 5,733.33%.

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.