Analysts Set Compass Group PLC (OTCMKTS:CMPGY) Target Price at $1,400.00

Compass Group PLC (OTCMKTS:CMPGY) has received an average recommendation of “Hold” from the seventeen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $1,400.00.

A number of research analysts have weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating on shares of Compass Group in a research report on Tuesday, October 13th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Compass Group in a research report on Thursday, October 1st. The Goldman Sachs Group cut shares of Compass Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 17th. Zacks Investment Research cut shares of Compass Group from a “hold” rating to a “sell” rating in a research report on Tuesday, December 22nd. Finally, ValuEngine raised shares of Compass Group from a “hold” rating to a “buy” rating in a research report on Friday, October 16th.

CMPGY stock traded down $0.10 during midday trading on Wednesday, reaching $18.73. 102,300 shares of the company’s stock traded hands, compared to its average volume of 557,158. The company has a market capitalization of $33.41 billion, a P/E ratio of 78.04 and a beta of 1.07. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.94 and a quick ratio of 0.87. Compass Group has a fifty-two week low of $11.12 and a fifty-two week high of $25.78. The business has a 50-day moving average price of $18.95 and a two-hundred day moving average price of $16.06.

About Compass Group

Compass Group PLC, together with its subsidiaries, operates as a food and support services company in North America, Europe, and internationally. It serves business and industry; healthcare and senior living market; education; sports and leisure; and defense, offshore, and remote sectors. The company also 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.

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