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

Compass, Inc. (NYSE:COMP - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eight analysts that are covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and four 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 $9.09.

Several analysts have recently weighed in on the stock. The Goldman Sachs Group lifted their target price on shares of Compass from $10.00 to $11.00 and gave the company a "buy" rating in a research report on Thursday, March 27th. UBS Group decreased their price objective on Compass from $12.00 to $11.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Morgan Stanley lowered their price objective 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. Barclays cut their target price on Compass from $9.00 to $8.00 and set an "equal weight" rating for the company in a research report on Friday, May 9th. Finally, Oppenheimer reaffirmed an "outperform" rating and issued a $12.00 price target (down previously from $13.00) on shares of Compass in a research note on Friday, May 9th.

Compass Stock Performance

Shares of NYSE:COMP traded down $0.03 during trading on Wednesday, hitting $6.16. 7,018,434 shares of the stock were exchanged, compared to its average volume of 7,138,832. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of -19.85 and a beta of 2.60. Compass has a 1-year low of $3.34 and a 1-year high of $10.25. The company's fifty day simple moving average is $7.12 and its 200-day simple moving average is $7.31.

Insiders Place Their Bets

In other Compass news, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of Compass stock in a transaction on Monday, March 24th. The shares were sold at an average price of $9.15, for a total transaction of $91,500,000.00. Following the completion of the transaction, the insider now directly owns 48,070,273 shares of the company's stock, valued at $439,842,997.95. The trade was a 17.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 4.08% of the company's stock.

Compass Company Profile

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.