MARKET TALK: Seymour Pierce Lifts Compass Group Target Price

28th Jul 2010 08:20

0720 GMT [Dow Jones] Seymour Pierce lifts its target price on Compass Group (CPG.LN) to 615p from 575p, and reiterates a buy recommendation, following the company's 3Q trading update. Says Compass announced a sharp acceleration in organic revenue growth, and encouragingly this was not achieved to the detriment of margins. Says this is a very strong performance, especially when compared with peer Sodexo (SW.FR). Shares +1.9% at 568p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 28, 2010 03:20 ET (07:20 GMT)