Compass Produces the Goods in 1Q
ÂÂNarrow-moat Compass Group made a solid start to the year, reporting first-quarter organic revenue growth of almost 6%, in line with our expectations for full-year 2018. This is also in line with management’s slight upgrade in guidance. As such, we do not expect to make any changes to our forecasts or to our GBX 1,670 fair value estimate. Currently, we believe the shares offer marginal upside potential.Geographically, many of the patterns we have seen in 2017 continued into the first quarter o...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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