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

Compass, Inc. (NYSE:COMP) has received an average rating of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $6.72.

Several equities analysts have recently weighed in on COMP shares. The Goldman Sachs Group raised their price target on shares of Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Barclays raised their target price on shares of Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 11th. Oppenheimer raised their target price on shares of Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. UBS Group raised their target price on shares of Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $8.00 target price on shares of Compass in a research note on Tuesday, December 3rd.

Insiders Place Their Bets

In other Compass news, CEO Robert L. Reffkin sold 55,893 shares of Compass stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $6.92, for a total transaction of $386,779.56. Following the completion of the transaction, the chief executive officer now directly owns 777,933 shares of the company’s stock, valued at $5,383,296.36. The trade was a 6.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 1,032,900 shares of company stock valued at $6,777,531 over the last ninety days. 6.25% of the stock is currently owned by company insiders.

Compass Stock Down 1.9 %

Shares of COMP opened at $6.77 on Wednesday. The stock has a market capitalization of $3.45 billion, a P/E ratio of -16.93 and a beta of 2.89. Compass has a twelve month low of $2.78 and a twelve month high of $7.69. The company has a 50 day moving average of $6.41 and a 200-day moving average of $5.27.

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.