Compass Group (CPG) Stock Price Down 11.7%

Shares of Compass Group plc (LON:CPG) were down 11.7% on Thursday . The stock traded as low as GBX 1,482 ($19.95) and last traded at GBX 1,485 ($19.99). Approximately 3,563,134 shares changed hands during mid-day trading, a decline of 13% from the average daily volume of 4,100,000 shares. The stock had previously closed at GBX 1,681.83 ($22.64).

CPG has been the topic of several recent research reports. Peel Hunt restated a “buy” rating on shares of Compass Group in a research report on Monday, September 4th. Credit Suisse Group boosted their price target on Compass Group from GBX 1,870 ($25.17) to GBX 1,880 ($25.30) and gave the company an “outperform” rating in a research report on Friday, November 10th. Royal Bank Of Canada upgraded Compass Group to an “outperform” rating and boosted their price target for the company from GBX 1,530 ($20.59) to GBX 1,750 ($23.55) in a research report on Friday, October 27th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,745 ($23.49) price target on shares of Compass Group in a research report on Wednesday, November 22nd. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 1,800 ($24.23) price target on shares of Compass Group in a research report on Thursday, September 21st. Ten research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 1,683.56 ($22.66).

Compass Group (LON:CPG) last released its earnings results on Tuesday, November 21st. The company reported GBX 72.30 ($0.97) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 71.90 ($0.97) by GBX 0.40 ($0.01). Compass Group had a return on equity of 46.40% and a net margin of 5.42%. The company had revenue of GBX 2,256.80 billion for the quarter.

The firm also recently announced a dividend, which will be paid on Monday, February 26th. Shareholders of record on Thursday, January 18th will be given a dividend of GBX 22.30 ($0.30) per share. This represents a yield of 1.48%. The ex-dividend date is Thursday, January 18th.

In related news, insider Mark White sold 17,386 shares of the company’s stock in a transaction that occurred on Thursday, November 23rd. The stock was sold at an average price of GBX 1,520 ($20.46), for a total value of £264,267.20 ($355,675.91). Also, insider Paul Walsh purchased 10,000 shares of the stock in a transaction that occurred on Thursday, September 21st. The stock was purchased at an average price of GBX 1,571 ($21.14) per share, for a total transaction of £157,100 ($211,440.11).

COPYRIGHT VIOLATION NOTICE: “Compass Group (CPG) Stock Price Down 11.7%” was first posted by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The legal version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/3080394/compass-group-cpg-stock-price-down-11-7.html.

Compass Group 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.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.