Compass Group PLC (LSE:CPG) 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 £475 million, announced in January, look set to be the way forward and should keep up the momentum.
Revenues this year are forecast by Shore Capital 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 than 40% higher than today.