Compass Group plc 29.3% Potential Decrease Indicated by JP Morgan Cazenove

Compass Group plc with EPIC/TICKER LON:CPG had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Compass Group plc are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 1000 GBX on its stock. This is indicating the analyst believes there is a potential downside of 29.3% from today’s opening price of 1414.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 34.5 points and increased 250.5 points respectively.
Compass Group plc LON:CPG has a 50 day moving average of 1,417.46 GBX and a 200 day moving average of 1,267.65The 1 year high for the share price is 1995.5 GBX while the 52 week low for the share price is 865.8 GBX. There are currently 1,783,875,551 shares in issue with the average daily volume traded being 3,290,548. Market capitalisation for LON:CPG is £24,992,096,469 GBP.