Compass, Inc. (NYSE:COMP) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Compass, Inc. (NYSE:COMP) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $6.72.

Several analysts recently issued reports on COMP shares. Oppenheimer increased their price objective on Compass from $8.50 to $9.50 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. The Goldman Sachs Group boosted their price target on Compass from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Barclays lifted 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. Needham & Company LLC restated a “buy” rating and set a $8.00 price target on shares of Compass in a research note on Tuesday, December 3rd. Finally, UBS Group raised their price target on shares of Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a report on Tuesday, October 22nd.

Compass Price Performance

NYSE COMP opened at $5.88 on Friday. The company has a 50 day simple moving average of $6.51 and a 200-day simple moving average of $5.51. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of -14.70 and a beta of 2.89. Compass has a 52-week low of $2.89 and a 52-week high of $7.69.

Insider Transactions at Compass

In other Compass news, CEO Robert L. Reffkin sold 49,316 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $5.91, for a total value of $291,457.56. Following the completion of the sale, the chief executive officer now owns 2,950,684 shares in the company, valued at approximately $17,438,542.44. This trade represents a 1.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $6.33, for a total value of $63,300,000.00. Following the sale, the insider now owns 58,070,273 shares in the company, valued at approximately $367,584,828.09. This represents a 14.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,082,216 shares of company stock worth $70,368,989. Company insiders own 6.25% 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.