Compass Group's sure-footed progress to continue, say analysts

Compass Group has been on the up ever since the pandemic and it will be a major shock if the caterer is anything but upbeat with its first quarter update next week. In-fill acquisitions such as gym and leisure centre caterer CH&CO for £475m, announced in January, look set to be the way forward and should keep up the momentum. Revenues this year are forecast by ShoreCap to rise by almost 10% to £41.7 billion and with margins rising, the broker sees a £30 share price in view over three years, which is more th ...