Deutsche Bank rates Compass Group (LSE:CPG) as a Buy, and assigns a US$40 price target, about 42% above the last close of US$28.25.
Analyst Andre Juillard says the global foodservice and support‑services group should report a solid H1'26e, with performance driven by foreign‑exchange tailwinds and recent M&A such as Vermaat, and he models revenue broadly in line with consensus.
He forecasts $24.7bn revenue (+7.7% like‑for‑like, +11.6% reported), underlying EBIT of $1.82bn (+11.6%) for a 7.36% margin (up 16bp vs H1'25), marginally ahead of consensus EBIT of $1.81bn, and a net result of $1.2bn (+11.8%).
Juillard points to the H1'26e results due on 11 May as the next catalyst for the stock.
