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UK's Compass Group slides on BNP downgrade, among top pct losers on FTSE 100

ReutersMar 19, 2025 9:01 AM

Shares of British catering group Compass Group CPG.L fall as much as 6% to 2,480p

Stock among top losers on the FTSE 100 index .FTSE, which is down 0.31%

Exane BNP Paribas downgrades stock to "underperform" from "outperform", cuts PT to 2,500p from 3,000p

Cites weak start to the year, significant layoffs, and lower client retention, especially in pressured healthcare sector

Analysts' average rating is equivalent of "hold", with a median PT of 2,900p - data compiled by LSEG

Stock down 7% so far this year

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