Shares of Compass Group PLC (LON:CPG) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0 ($0.00) and traded as high as GBX 1,657.03 ($21.65). Compass Group shares last traded at GBX 1,646 ($21.51), with a volume of 1,738,075 shares trading hands.
A number of research analysts have weighed in on the company. Berenberg Bank raised their price objective on Compass Group from GBX 1,700 ($22.21) to GBX 1,800 ($23.52) and gave the company a “buy” rating in a report on Monday, May 17th. Numis Securities restated a “hold” rating and issued a GBX 1,270 ($16.59) price objective on shares of Compass Group in a report on Wednesday, May 12th. Liberum Capital restated a “hold” rating on shares of Compass Group in a report on Wednesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Compass Group from GBX 1,630 ($21.30) to GBX 1,720 ($22.47) and gave the company a “buy” rating in a report on Thursday, May 6th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,398.50 ($18.27).
The stock has a market capitalization of £28.71 billion and a P/E ratio of -79.73. The company has a debt-to-equity ratio of 96.35, a current ratio of 0.92 and a quick ratio of 0.86. The stock’s 50-day moving average price is GBX 4,772.42.
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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