Compass Group plc -18.8% potential downside indicated by RBC Capital Markets

Compass Group plc with ticker (LON:CPG) now has a potential downside of -18.8% according to RBC Capital Markets.



RBC Capital Markets set a target price of 1,500 GBX for the company, which when compared to the Compass Group plc share price of 1,782 GBX at opening today (31/05/2022) indicates a potential downside of -18.8%. Trading has ranged between 1,396 (52 week low) and 1,842 (52 week high) with an average of 4,648,307 shares exchanging hands daily. The market capitalisation at the time of writing is £31,730,058,435.

Compass Group PLC provides food and support services. The Company’s segments include North America, Europe and its Rest of World markets. The North America segment includes United States of America (USA) and Canada. The Europe segment includes United Kingdom, Finland and Rest of Europe. The Rest of World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure. The Company operates at various client locations around the world, from hospitals, schools and oil rigs to corporate headquarters and the entertainment venues. From kindergarten to colleges and universities, it provides dining solutions that help support academics. The Company’s food service solutions include school, college and university dining; retail convenience stores; coffee shops/cafes; hospitality and event services, and vending.