Advertisement
UK markets close in 30 minutes
  • FTSE 100

    7,885.51
    +8.46 (+0.11%)
     
  • FTSE 250

    19,374.59
    -76.08 (-0.39%)
     
  • AIM

    744.51
    -0.78 (-0.10%)
     
  • GBP/EUR

    1.1648
    -0.0035 (-0.30%)
     
  • GBP/USD

    1.2434
    -0.0005 (-0.04%)
     
  • Bitcoin GBP

    51,819.77
    +603.40 (+1.18%)
     
  • CMC Crypto 200

    1,374.53
    +61.91 (+4.95%)
     
  • S&P 500

    4,999.27
    -11.85 (-0.24%)
     
  • DOW

    37,935.13
    +159.75 (+0.42%)
     
  • CRUDE OIL

    83.19
    +0.46 (+0.56%)
     
  • GOLD FUTURES

    2,404.10
    +6.10 (+0.25%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     
  • DAX

    17,738.34
    -99.06 (-0.56%)
     
  • CAC 40

    8,027.69
    +4.43 (+0.06%)
     

BUZZ-Compass Group: Top of FTSE 100 on JPMorgan upgrade

** Shares (Berlin: DI6.BE - news) in caterer Compass Group (Other OTC: CMPGF - news) up 1.9 pct, top of the FTSE 100, after JPMorgan raises rating on co to "overweight", PT to 1580p from 1380p

** JPM analysts say co deserves a premium for consistency, say management has shown track record of using all available cash in either M&A or shareholder returns

** Add co can continue to deliver 6-7 pct EPS growth at constant currency

** Compass top of the Stoxx 600 Travel and Leisure index , which is up 0.8 pct

** Also reiterate "overweight" on peer SSP Group (Frankfurt: 83S.F - news) , shares up 1.5 pct in thin volumes

(venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)