Analysts Set Compass, Inc. (NYSE:COMP) Target Price at $9.75

Shares of Compass, Inc. (NYSE:COMP) have earned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five 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 $9.75.

A number of equities analysts recently issued reports on COMP shares. Barclays dropped their price target on shares of Compass from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Friday, May 9th. Needham & Company LLC dropped their target price on shares of Compass from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Friday, May 9th. Wells Fargo & Company assumed coverage on Compass in a research report on Monday, April 28th. They issued a “positive” rating and a $8.00 price objective on the stock. BTIG Research raised Compass to a “buy” rating and set a $9.00 price objective on the stock in a research report on Friday, June 27th. Finally, Morgan Stanley lowered their price target on Compass from $8.50 to $8.00 and set an “equal weight” rating on the stock in a report on Friday, May 9th.

Compass Price Performance

Shares of Compass stock opened at $6.33 on Friday. The stock has a market cap of $3.30 billion, a price-to-earnings ratio of -48.69 and a beta of 2.58. The firm’s 50-day moving average is $6.51 and its 200 day moving average is $7.22. Compass has a 1 year low of $3.37 and a 1 year high of $10.25.

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.