Compass Group (LON:CPG) had its price objective cut by Credit Suisse from GBX 1,070 ($17.14) to GBX 985 ($15.78) in a report released on Thursday, StockRatingsNetwork.com reports. Credit Suisse currently has an outperform rating on the stock.
Credit Suisse has also modified their ratings on a number of other stocks in the few days. The firm upgraded shares of Open Text from an underperform rating to a neutral rating. Also, Credit Suisse initiated coverage on shares of Juniper Networks. They issued a neutral rating on that stock. Finally, Credit Suisse upgraded shares of Nokia Co. from a neutral rating to an outperform rating.
Shares of Compass Group (LON:CPG) traded down 1.40% on Thursday, hitting GBX 843.5001. The stock had a trading volume of 1,849,946 shares. Compass Group has a one year low of GBX 670.50 and a one year high of GBX 917.00. The stock’s 50-day moving average is GBX 866.1 and its 200-day moving average is GBX 857.0. The company’s market cap is £15.504 billion.
A number of other firms have also recently commented on CPG. Analysts at Societe Generale reiterated a buy rating on shares of Compass Group (LON:CPG) in a research note to investors on Thursday. They now have a GBX 970 ($15.54) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an overweight rating on shares of Compass Group (LON:CPG) in a research note to investors on Thursday, September 12th. They now have a GBX 950 ($15.22) price target on the stock. Finally, analysts at Morgan Stanley reiterated an equal weight rating on shares of Compass Group (LON:CPG) in a research note to investors on Friday, September 6th. They now have a GBX 900 ($14.42) price target on the stock.
One research analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have issued a buy rating to the stock. The company has an average rating of Buy and an average target price of GBX 910.21 ($14.58).
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.