Compass Group (LON:CPG) Hits New 12-Month High at $2,435.00

Shares of Compass Group PLC (LON:CPG) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 2,435 ($32.02) and last traded at GBX 2,428.17 ($31.93), with a volume of 4168771 shares changing hands. The stock had previously closed at GBX 2,405 ($31.62).

Analyst Ratings Changes

A number of equities analysts have recently commented on CPG shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 2,400 ($31.56) price objective on shares of Compass Group in a report on Tuesday, May 21st. Shore Capital reaffirmed a “buy” rating on shares of Compass Group in a report on Wednesday, May 15th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,374 ($31.22).

Compass Group Price Performance

The company’s 50 day simple moving average is GBX 2,288.21 and its 200 day simple moving average is GBX 2,241.24. The company has a debt-to-equity ratio of 89.31, a current ratio of 0.78 and a quick ratio of 0.86. The stock has a market cap of £41.60 billion, a P/E ratio of 3,244.00, a P/E/G ratio of 1.74 and a beta of 0.81.

Insider Activity at Compass Group

In other Compass Group news, insider Leanne Wood purchased 1,300 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were bought at an average price of GBX 2,317 ($30.47) per share, with a total value of £30,121 ($39,606.84). 0.15% of the stock is owned by corporate insiders.

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.