Compass Group (CPG)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

2,307.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 2,332.00p
  • 52 Week Low: 1,945.50p
  • Currency: UK Pounds
  • Shares Issued: 1,702.32m
  • Volume: 6,465,738
  • Market Cap: £39,273m
  • RiskGrade: 212

RBC Capital lifts Compass price target after results

By Michele Maatouk

Date: Thursday 11 May 2023

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets lifted its price target on shares of caterer Compass Group on Thursday to 1,675p from 1,625p.
It said that following the company's consensus-beating first-half earnings this week, its FY23 and FY24 earnings per share estimates rise by around 3%, underpinning a similar quantum of uplift to the price target.

RBC did, however, also note that it questions the quality of the beat, "given the material restructuring charges taken below the line".

"Compass Group is getting much right and continues to outpace the competition, but we think this is more than priced into the shares and see risks to both earnings and the elevated valuation multiple as recessionary indicators signal tougher times ahead," RBC said.

It kept its rating on the shares at 'underperform'.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Compass Market Data

Currency UK Pounds
Share Price 2,307.00p
Change Today -1.00p
% Change -0.04 %
52 Week High 2,332.00p
52 Week Low 1,945.50p
Volume 6,465,738
Shares Issued 1,702.32m
Market Cap £39,273m
RiskGrade 212

Compass Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.36% below the market average97.36% below the market average97.36% below the market average97.36% below the market average97.36% below the market average
96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average
Price Trend
61.50% above the market average61.50% above the market average61.50% above the market average61.50% above the market average61.50% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average
Income
82.41% below the market average82.41% below the market average82.41% below the market average82.41% below the market average82.41% below the market average
90% below the sector average90% below the sector average90% below the sector average90% below the sector average90% below the sector average
Growth
83.02% above the market average83.02% above the market average83.02% above the market average83.02% above the market average83.02% above the market average
16.98% above the sector average16.98% above the sector average16.98% above the sector average16.98% above the sector average16.98% above the sector average

What The Brokers Say

Strong Buy 6
Buy 6
Neutral 8
Sell 1
Strong Sell 0
Total 21
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Compass Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Jan-24 08-Jun-23
Paid 29-Feb-24 27-Jul-23
Amount 28.10p 15.00p

Trades for 13-May-2024

Time Volume / Share Price
16:51 147 @ 2,307.00p
16:35 105,032 @ 2,308.43p
16:35 105,032 @ 2,308.43p
16:35 1,095,762 @ 2,307.00p
16:35 186 @ 2,307.00p

Compass Key Personnel

CEO Dominic Blakemore
COO Palmer Brown
CFO Petros Parras

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