Compass Group PLC (LON:CPG – Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 2,435 ($32.02) and last traded at GBX 2,428.17 ($31.93), with a volume of 4168771 shares. The stock had previously closed at GBX 2,405 ($31.62).
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 2,400 ($31.56) price objective on shares of Compass Group in a research report on Tuesday, May 21st. Shore Capital reissued a “buy” rating on shares of Compass Group in a research report on Wednesday, May 15th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,374 ($31.22).
View Our Latest Analysis on CPG
Compass Group Trading Up 0.7 %
Insider Activity
In other news, insider Leanne Wood bought 1,300 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were bought at an average cost of GBX 2,317 ($30.47) per share, with a total value of £30,121 ($39,606.84). Insiders own 0.15% of the company’s stock.
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.
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