Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Compass Group (LON:CPG) Stock Price

Compass Group (LON:CPG) had its target price lifted by Deutsche Bank Aktiengesellschaft from GBX 2,500 ($31.94) to GBX 2,600 ($33.22) in a research report released on Tuesday morning,London Stock Exchange reports. They currently have a hold rating on the stock.

Separately, JPMorgan Chase & Co. upped their target price on Compass Group from GBX 2,600 ($33.22) to GBX 2,800 ($35.77) and gave the company an “overweight” rating in a report on Wednesday, September 11th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,600 ($33.22).

Compass Group Trading Up 1.0 %

CPG stock traded up GBX 28 ($0.36) during midday trading on Tuesday, hitting GBX 2,709 ($34.61). The company had a trading volume of 6,217,597 shares, compared to its average volume of 4,896,749. The company has a current ratio of 0.78, a quick ratio of 0.86 and a debt-to-equity ratio of 89.31. Compass Group has a 52 week low of GBX 2,062 ($26.34) and a 52 week high of GBX 2,786 ($35.59). The stock’s 50 day moving average price is GBX 2,556.34 and its 200 day moving average price is GBX 2,381.30. The stock has a market cap of £46.05 billion, a price-to-earnings ratio of 3,564.47, a PEG ratio of 1.42 and a beta of 0.81.

Compass Group Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 27th. Stockholders of record on Thursday, January 16th will be paid a $0.39 dividend. This is a boost from Compass Group’s previous dividend of $0.21. This represents a dividend yield of 1.17%. The ex-dividend date is Thursday, January 16th. Compass Group’s dividend payout ratio is currently 5,789.47%.

Insider Activity at Compass Group

In related news, insider Dominic Blakemore sold 119,821 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of GBX 2,692 ($34.39), for a total transaction of £3,225,581.32 ($4,121,095.34). 0.15% of the stock is currently owned by 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.