Brokerages Set Compass Group PLC (LON:CPG) PT at GBX 2,371

Compass Group PLC (LON:CPG) has been given an average recommendation of “Moderate Buy” by the eight analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 2,371 ($29.52).

A number of brokerages recently commented on CPG. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,600 ($32.37) target price on shares of Compass Group in a report on Monday, February 26th. Citigroup reaffirmed a “buy” rating on shares of Compass Group in a research report on Tuesday, February 20th. Finally, Shore Capital reissued a “buy” rating on shares of Compass Group in a report on Thursday, February 8th.

Compass Group Stock Performance

Shares of CPG opened at GBX 2,169 ($27.00) on Tuesday. The firm has a market capitalization of £36.87 billion, a P/E ratio of 2,892.00, a PEG ratio of 1.79 and a beta of 0.75. The company has a debt-to-equity ratio of 86.40, a current ratio of 0.75 and a quick ratio of 0.86. The business has a fifty day moving average of GBX 2,202.40 and a 200 day moving average of GBX 2,134.05. Compass Group has a one year low of GBX 1,940.50 ($24.16) and a one year high of GBX 2,331 ($29.02).

Compass Group Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, January 18th were issued a GBX 28.10 ($0.35) dividend. The ex-dividend date was Thursday, January 18th. This is an increase from Compass Group’s previous dividend of $15.00. This represents a dividend yield of 1.34%. Compass Group’s payout ratio is 5,733.33%.

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.