Analysts Set Compass, Inc. (NYSE:COMP) PT at $6.72

Compass, Inc. (NYSE:COMP) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $6.72.

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

Insider Activity at Compass

In related news, CEO Robert L. Reffkin sold 55,893 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $6.92, for a total value of $386,779.56. Following the transaction, the chief executive officer now directly owns 777,933 shares of the company’s stock, valued at approximately $5,383,296.36. This trade represents a 6.70 % decrease in their position. The sale was disclosed in a filing with the SEC, 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 stock was 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 of the company’s stock, valued at approximately $367,584,828.09. This trade represents a 14.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,887,109 shares of company stock valued at $75,125,906. 6.25% of the stock is owned by company insiders.

Compass Price Performance

Compass stock opened at $5.35 on Friday. Compass has a 1-year low of $2.89 and a 1-year high of $7.69. The business has a fifty day moving average price of $6.48 and a 200-day moving average price of $5.58. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of -13.37 and a beta of 2.92.

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.