Shares of Compass, Inc. (NYSE:COMP - Get Free Report) dropped 2.3% on Wednesday . The company traded as low as $6.27 and last traded at $6.29. Approximately 7,284,742 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 5,840,202 shares. The stock had previously closed at $6.44.
Wall Street Analysts Forecast Growth
COMP has been the topic of several recent research reports. Morgan Stanley decreased their price objective on shares of Compass from $8.50 to $8.00 and set an "equal weight" rating on the stock in a research report on Friday, May 9th. Wells Fargo & Company started coverage on shares of Compass in a report on Monday, April 28th. They issued a "positive" rating and a $8.00 price target on the stock. Needham & Company LLC dropped their price objective on shares of Compass from $12.00 to $11.00 and set a "buy" rating for the company in a research note on Friday, May 9th. BTIG Research started coverage on Compass in a research report on Friday. They set a "buy" rating and a $9.00 price objective for the company. Finally, The Goldman Sachs Group upped their target price on Compass from $10.00 to $11.00 and gave the company a "buy" rating in a research note on Thursday, March 27th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $9.75.
Check Out Our Latest Stock Report on COMP
Compass Price Performance
The business's 50-day moving average price is $6.55 and its two-hundred day moving average price is $7.23.
Compass Company Profile
(
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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.
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