Compass Group PLC (OTCMKTS:CMPGY – Get Rating) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 17,800 shares, an increase of 217.9% from the April 15th total of 5,600 shares. Based on an average daily volume of 312,400 shares, the days-to-cover ratio is currently 0.1 days.
CMPGY has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Compass Group from GBX 1,950 ($24.04) to GBX 2,050 ($25.27) in a research report on Thursday. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Compass Group from GBX 1,750 ($21.58) to GBX 1,825 ($22.50) in a research report on Thursday. Credit Suisse Group upped their price objective on shares of Compass Group from GBX 1,950 ($24.04) to GBX 2,100 ($25.89) in a research report on Monday, February 7th. Morgan Stanley increased their price target on shares of Compass Group from GBX 1,950 ($24.04) to GBX 2,100 ($25.89) in a report on Thursday. Finally, Zacks Investment Research upgraded shares of Compass Group from a “sell” rating to a “hold” rating in a report on Monday, May 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $1,619.60.
Shares of Compass Group stock traded up $1.46 during mid-day trading on Friday, hitting $22.44. 799,533 shares of the stock were exchanged, compared to its average volume of 169,707. Compass Group has a twelve month low of $19.32 and a twelve month high of $25.25. The company has a 50-day simple moving average of $21.65 and a 200 day simple moving average of $22.05. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.95 and a quick ratio of 0.88.
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.
- Get a free copy of the StockNews.com research report on Compass Group (CMPGY)
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