Compass: UBS lowers its price target
Published on 13/03/2025 at 10:28 - Modified on 13/03/2025 at 10:32
UBS believes that Compass Group is well positioned to continue winning market share in a higher interest rate environment.
The strength of sterling and market rotation have led to a fall in the share price, but Compass is still well placed to leverage its operational and financial strength to win share', says UBS.
The group has confirmed its forecasts for the 2024/2025 financial year, still expecting organic growth of 5% to 9% in operating profit from ordinary activities, accompanied by organic sales growth of at least 7.5%.
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