Compass Group plc (LON:CPG) rose 1.5% during mid-day trading on Thursday . The stock traded as high as GBX 1,602 ($21.14) and last traded at GBX 1,600 ($21.11). Approximately 2,810,917 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 3,531,690 shares. The stock had previously closed at GBX 1,576 ($20.80).
CPG has been the topic of several research analyst reports. J P Morgan Chase & Co raised their price objective on shares of Compass Group plc from GBX 1,670 ($22.04) to GBX 1,745 ($23.03) and gave the stock an “overweight” rating in a research note on Monday, July 3rd. Liberum Capital initiated coverage on shares of Compass Group plc in a research note on Wednesday, July 5th. They issued a “buy” rating and a GBX 1,850 ($24.41) price objective on the stock. Barclays PLC restated an “overweight” rating and issued a GBX 1,700 ($22.43) price objective on shares of Compass Group plc in a research note on Monday, July 17th. Shore Capital restated a “hold” rating on shares of Compass Group plc in a research note on Wednesday, July 26th. Finally, Canaccord Genuity raised their price objective on shares of Compass Group plc from GBX 1,550 ($20.45) to GBX 1,630 ($21.51) and gave the stock a “hold” rating in a research note on Thursday, July 27th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the company. Compass Group plc has an average rating of “Hold” and a consensus target price of GBX 1,644.53 ($21.70).
The firm has a 50 day moving average price of GBX 1,631.08 and a 200-day moving average price of GBX 1,510.16. The firm’s market cap is GBX 25.89 billion.
In other news, insider Paul Walsh acquired 10,000 shares of the stock in a transaction on Thursday, September 21st. The shares were purchased at an average price of GBX 1,571 ($20.73) per share, for a total transaction of £157,100 ($207,310.64).
COPYRIGHT VIOLATION NOTICE: This story was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another website, it was illegally copied and republished in violation of US and international copyright and trademark laws. The original version of this story can be accessed at https://www.dispatchtribunal.com/2017/10/28/compass-group-plc-cpg-stock-price-up-1-5.html.
Compass Group plc Company Profile
Compass Group PLC provides food and support services. The Company’s segments include North America, Europe, Rest of World and Central activities. The Europe segment includes Turkey and Russia. The Rest of World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure.
Receive News & Ratings for Compass Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Group plc and related companies with MarketBeat.com's FREE daily email newsletter.