London close: Stocks slip as US jobless claims fall
8th Feb 2024 14:42
(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.
Read moreShore Capital sees upside risk at Compass after strong Q1
8th Feb 2024 10:05
(Sharecast News) - Shore Capital has reiterated its 'buy' rating on Compass Group after a first-quarter trading update from the catering giant on Thursday, saying trading is tracking ahead of full-year assumptions.
Read moreCompass delivers strong Q1 with double-digit growth across the board
8th Feb 2024 07:13
(Sharecast News) - Catering giant Compass said it delivered a strong start to its financial year with organic revenue growth currently running ahead of full-year guidance.
Read moreLondon close: Stocks maintain gains on fresh UK optimism
22nd Jan 2024 17:30
(Sharecast News) - London markets finished with a positive performance on Monday, following the lead of Wall Street's strong gains towards the end of the previous week.
Read moreCater Compass Group in advanced talks to buy rival CH&Co
22nd Jan 2024 07:33
(Sharecast News) - Caterer Compass Group confirmed on Monday that it has agreed to buy rival CH&CO in a £475m deal.
Read moreLondon close: Stocks manage gains after deluge of updates
18th Jan 2024 15:14
(Sharecast News) - London's stock markets managed a positive finish amid subdued trading activity on Thursday, with investors digesting a plethora of corporate news.
Read moreBroker tips: Compass, Marston's, Ocado, Hochschild
14th Dec 2023 13:03
(Sharecast News) - JP Morgan upgraded its ratings for both catering giant Compass Group and pub and hotel operator Marston's after its latest review of the Europe-listed leisure sector.
Read moreJP Morgan upgrades Compass and Marston's to 'overweight'
14th Dec 2023 10:48
(Sharecast News) - JP Morgan has upgraded its ratings for both catering giant Compass Group and pub and hotel operator Marston's after its latest review of the Europe-listed leisure sector.
Read moreBerenberg slightly lowers target price on Compass
12th Dec 2023 07:17
(Sharecast News) - Analysts at Berenberg lowered their target price on contract food service company Compass Group from 2,385.0p to 2,320.0p on Tuesday but said its "strong operating profit growth" looked set to continue.
Read moreLondon close: Stocks mixed ahead of Autumn Statement
20th Nov 2023 14:59
(Sharecast News) - London's stock markets saw a mixed performance at the close of trading on Monday, with Ashtead and Compass among the leading losers.
Read moreCompass shares drop but Shore Capital still sees upside
20th Nov 2023 10:28
(Sharecast News) - The share price of Compass took a hit on Monday after the catering group underwhelmed the market with its annual results, but it wasn't enough to deter Shore Capital which reiterated a 'buy' rating on the stock.
Read moreCompass hikes dividend after solid growth across the board
20th Nov 2023 07:16
(Sharecast News) - Catering giant Compass has hiked its final dividend by 27% after annual profits surged on the back of strong sales growth and margin improvement - though it predicts a substantial slowdown in organic growth in the coming year.
Read moreLondon close: Stocks slip into red on growing Middle East concerns
9th Oct 2023 15:40
(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.
Read moreLondon close: Stocks finish in the red after raft of global data
4th Oct 2023 16:33
(Sharecast News) - London stocks retreated on Wednesday, reversing earlier gains as investors contended with suboptimal data from the UK services sector and the US jobs market.
Read moreCompass shakes up board positions as North American boss retires
22nd Sep 2023 08:01
(Sharecast News) - Catering giant Compass has announced that director Gary Green is retiring from the board later this year.
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