Compass, Inc. (NYSE:COMP) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Compass, Inc. (NYSE:COMP - Get Free Report) have earned an average rating of "Moderate Buy" from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $9.44.

COMP has been the topic of a number of recent research reports. Needham & Company LLC reduced their target price on Compass from $12.00 to $11.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Barclays reduced their target price on Compass from $8.00 to $7.00 and set an "equal weight" rating on the stock in a research note on Tuesday, July 15th. Morgan Stanley reduced their target price on Compass from $8.50 to $8.00 and set an "equal weight" rating on the stock in a research note on Friday, May 9th. Compass Point set a $9.00 target price on Compass in a research note on Monday, June 30th. Finally, Oppenheimer reaffirmed an "outperform" rating and issued a $12.00 target price (down previously from $13.00) on shares of Compass in a research note on Friday, May 9th.

Compass Trading Up 1.3%

Shares of NYSE:COMP traded up $0.10 during trading on Thursday, hitting $7.23. 5,138,327 shares of the stock were exchanged, compared to its average volume of 7,061,119. Compass has a 12-month low of $3.84 and a 12-month high of $10.25. The company has a fifty day moving average price of $6.33 and a two-hundred day moving average price of $7.31. The company has a market cap of $3.77 billion, a PE ratio of -55.58 and a beta of 2.58.

About Compass

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.