Compass to take £100m impairment in response to Covid impact

30th Sep 2020 07:02

(Sharecast News) - Food services group Compass said annual revenues would fall by almost a fifth and said it take a £100m impairment charge as it reviewed contracts in response to the Covid-19 pandemic's impact.

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Thursday broker round-up

17th Sep 2020 13:25

(Sharecast News) - Compass: Barclays upgrades to overweight with a target price of 1,500.0p.

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Barclays makes long-term call on Compass, upgrades to 'overweight'

17th Sep 2020 11:01

(Sharecast News) - Barclays upgraded catering company Compass Group on Thursday to 'overweight' from 'equalweight' and hiked the price target to 1,500p from 1,050p.

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Compass Group seeing 'slow recovery' as revenue slides

30th Jul 2020 08:12

(Sharecast News) - Compass Group reported a 44% fall in organic revenue in its third quarter on Thursday, with revenue down 14% year-on-year in the first nine months overall.

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Thursday broker round-up

21st May 2020 13:24

(Sharecast News) - Experian: RBC Capital Markets downgrades to sector performer with a target price of 2,700p.

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JP Morgan stays at 'underweight' on Compass due to changing industry landscape

20th May 2020 15:55

(Sharecast News) - Analysts at JP Morgan reiterated their 'underweight' recommendation for shares of Compass Group and slashed their target price, citing the speed and magnitude of the changes expected in the sector.

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Wednesday broker round-up

20th May 2020 13:56

(Sharecast News) - Great Portland Estates: Peel Hunt downgrades to reduce with a target price of 630p.

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Wednesday preview: Fed minutes, Compass Group in the spotlight

19th May 2020 15:20

(Sharecast News) - The market spotlight will shift back towards the US on Wednesday as investors wait on the release of the minutes of the US Federal Reserve's last policy meeting on 28-29 April.

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Tuesday broker round-up

19th May 2020 08:26

(Sharecast News) - Greencore: Peel Hunt downgrades to hold with a target price of 170p.

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Compass to raise £2bn to bolster finances during crisis

19th May 2020 07:03

(Sharecast News) - Compass is raising £2bn of equity to strengthen its finances after the Covid-19 shutdown caused revenue to almost halve in April.

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Compass Group said to be preparing largest UK share sale year-to-date

18th May 2020 12:51

(Sharecast News) - Compass Group is readying to brave current dire conditions and tap capital markets for fresh equity.

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Tuesday broker round-up

12th May 2020 13:47

(Sharecast News) - Diploma: JP Morgan downgrades to neutral with a target price of 1,850p.

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Thursday broker round-up

30th Apr 2020 13:16

(Sharecast News) - Mitchells & Butlers: JP Morgan upgrades to overweight with a target price of 340p.

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Monday broker round-up

27th Apr 2020 13:54

(Sharecast News) - South32: Jefferies downgrades to underperform with a target price of 80p.

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Compass pulls dividend amid Covid-19

23rd Apr 2020 07:37

(Sharecast News) - Catering group Compass pulled its dividend on Thursday due to the coronavirus pandemic as it said trading has been in line with its expectations and that its chief executive will take a temporary 30% pay cut.

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