Compass Group PLC (LON:CPG) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Compass Group PLC (LON:CPG) has received an average recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 2,367.50 ($29.73).

A number of analysts have issued reports on CPG shares. Shore Capital reissued a “buy” rating on shares of Compass Group in a research report on Wednesday. Citigroup restated a “buy” rating on shares of Compass Group in a research note on Tuesday, February 20th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 2,600 ($32.66) price objective on shares of Compass Group in a research note on Monday, February 26th.

Compass Group Stock Performance

LON CPG opened at GBX 2,251 ($28.27) on Friday. The company has a debt-to-equity ratio of 86.40, a quick ratio of 0.86 and a current ratio of 0.75. The company has a market capitalization of £38.27 billion, a PE ratio of 3,002.67, a price-to-earnings-growth ratio of 1.80 and a beta of 0.76. The company has a 50-day simple moving average of GBX 2,225.38 and a 200 day simple moving average of GBX 2,161.05. Compass Group has a 52-week low of GBX 1,940.50 ($24.37) and a 52-week high of GBX 2,332 ($29.29).

Compass Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, July 25th. Investors of record on Thursday, June 13th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a yield of 0.71%. Compass Group’s dividend payout ratio is currently 5,733.33%.

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.