Reaffirmed: Compass Group PLC (LON:CPG) Sell Rating Has Been Maintained at Goldman Sachs; GBX 975.00 Target in Place


Compass Group PLC (LON:CPG) Rating Reaffirmed

In an analyst note disseminated this morning, Goldman Sachs reconfirmed their Sell rating on Compass Group PLC (LON:CPG) shares. The target PPS provides a possible downside of -13.36% from firm’s stock close price.

From a total of 23 analysts covering Compass Group PLC (LON:CPG) stock, 8 rate it a ”Buy”, 4 a “Sell”, and 11 a ”Hold”. This means that 35% of the ratings are positive. The highest target price is GBX 1330 while the lowest target price is GBX 930. The mean of all analyst targets is GBX 1141.67 with a 1.45% above today’s (GBX 1125.39) stock price. Compass Group PLC was the topic of 47 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs maintained shares on November 26 with “Sell” rating. Oddo & Cie maintained shares with “Reduce” rating and GBX 1060 target share price in a report from a November 25. Charles Stanley upgraded CPG stock in a recent report from November 25 to “Accumulate” rating. Kepler Cheuvreux maintained the rating on November 25. Kepler Cheuvreux has a “Hold” rating and a GBX 1100 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 25.

The stock decreased 0.67% or GBX 7.61 on November 26, striking GBX 1125.39. Approximately shares of stock traded hands. Compass Group plc (LON:CPG) has declined 2.07% since April 30, 2015 and is downtrending. It has underperformed by 0.71% the S&P500.

Reaffirmed: Compass Group PLC (LON:CPG) Sell Rating Has Been Maintained at Goldman Sachs; GBX 975.00 Target in Place

Compass Group PLC provides food and support services. The company has a market cap of 18.62 billion GBP. The Company’s divisions include North America, Europe & Japan, and Fast Growing & Emerging. It has 22.44 P/E ratio. It provides breakfasts, lunches and dinners, and also offers hospitality services.

According to Zacks Investment Research, “Crescent Point Energy Corp. is engaged in the acquisition, exploration and development of oil and natural gas properties in Western Canada. The Company’s operations consist of light and medium oil and natural gas assets strategically focused in core areas in southern Saskatchewan and central and southern Alberta. Crescent Point Energy Corp., formerly known as Crescent Point Energy Trust, is headquartered in Calgary, Canada.” Get a free copy of the Zacks research report on Compass Group plc (CPG)