Compass: overall, analysts positive after annual results.

(CercleFinance.com) - Overall, analysts are positive on Compass after the group yesterday announced FY results to end-September, including organic growth of 5%.


For Germany's Berenberg - which has a "buy" rating on the stock with a target price of 1,600 pence - the food services company remains one of its best picks in the leisure sector.

According to the broker, the market's reaction to yesterday's results was excessive.

As a reminder, Compass shares fell 4.7 percent on Tuesday.

In a research note issued this morning, Credit Suisse sees a "great buy opportunity" on the stock, albeit reducing its estimates and target price from 1,770 pence to 1,740 pence.

BarCap - which considers that free cash flow generation was "impressive" at 908 million pounds - continues to see Compass as an "attractive compounder." It has therefore raised its target price to 1,550 pence.

Meanwhile, Bryan Garnier maintains its "neutral" rating on the stock, with a reduced fair value of 1,430 pence, versus 1,450 pence previously, saying that "headwinds remain." Finally, France's Oddo Securities recommends investors "reduce" positions in the stock.

Compass' shares were up 1.7 percent to 1,349 pence on Wednesday morning on the London Stock Exchange.

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