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

Reuters2025-03-19

** 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

(Reporting by Rashika Singh in Bengaluru)

((rashika.singh@thomsonreuters.com))

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