Compass Group plc 16.9% potential upside indicated by Barclays

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Compass Group plc with ticker (LON:CPG) now has a potential upside of 16.9% according to Barclays.



Barclays set a target price of 2,350 GBX for the company, which when compared to the Compass Group plc share price of 2,011 GBX at opening today (29/09/2023) indicates a potential upside of 16.9%. Trading has ranged between 1,760 (52 week low) and 2,250 (52 week high) with an average of 3,852,997 shares exchanging hands daily. The market capitalisation at the time of writing is £34,612,421,760.

Compass Group PLC is a United Kingdom-based non-trading investment holding company. The Company is engaged in providing food and support services. The Company has three segments: North America, Europe and Rest of World. The North America segment includes the United States of America and Canada. The Europe segment includes the United Kingdom, Finland and the Rest of Europe. The Rest of the World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors living; education; defense, offshore and remote, and sports and leisure. It operates at various client locations around the world, from hospitals, schools and oil rigs to corporate headquarters and entertainment venues. Its support services include cleaning in hospitals, reception services at corporate headquarters, managing remote camps, grounds and facilities services at schools and universities. The Company operates in approximately 44 countries across the world.



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    Compass Group plc reports robust growth for the year ended September 2024, with underlying operating profit up 16.4% and revenue increasing by 10.6%.

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