Compass Group (CPG)

- Compass Group shares are at resistance in a 2.5yr rising channel
- Volumes rising through April, May and June
- Support at the 100-day moving average
- Momentum & RSI diverging with price since Nov 2015
- CPG currently has a dividend yield of 2.5%
Broker Consensus: 31% Buy, 58% Hold, 11% Sell
Bullish: Credit Suisse, Outperform, Target 1575, +20% (24 June)
Average Target: 1318p, +0.6% (24 June)
Bearish: Numis, Hold, Target 1150p, -12% (11 May)
N.B. All pricing and consensus data was sourced from Bloomberg on 24 June. Brokers are sure to update their recommendations in light of the current situation. Please contact us for a full, up to date rundown.
