Royal Bank of Canada Reiterates Outperform Rating for Compass Group (LON:CPG)

Compass Group (LON:CPG)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank of Canada in a research note issued on Tuesday, MarketBeat reports. They currently have a GBX 2,400 ($30.50) price target on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 6.15% from the company’s current price.

A number of other research firms also recently weighed in on CPG. Shore Capital reissued a “buy” rating on shares of Compass Group in a research note on Wednesday, May 15th. Citigroup restated a “buy” rating on shares of Compass Group in a report on Tuesday, February 20th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,600 ($33.05) price target on shares of Compass Group in a research note on Monday, February 26th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Compass Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,374 ($30.17).

Compass Group Trading Up 0.0 %

Shares of LON CPG opened at GBX 2,261 ($28.74) on Tuesday. The company’s 50 day simple moving average is GBX 2,234.90 and its 200 day simple moving average is GBX 2,167.50. The company has a debt-to-equity ratio of 89.31, a current ratio of 0.78 and a quick ratio of 0.86. Compass Group has a fifty-two week low of GBX 1,940.50 ($24.66) and a fifty-two week high of GBX 2,332 ($29.64). The firm has a market capitalization of £38.44 billion, a P/E ratio of 2,897.44, a P/E/G ratio of 1.80 and a beta of 0.77.

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.