Compass, Inc. (NYSE:COMP) Receives $13.00 Average Target Price from Brokerages

Shares of Compass, Inc. (NYSE:COMP) have earned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $13.6364.

Several equities research analysts have recently issued reports on COMP shares. Needham & Company LLC reissued a “buy” rating and set a $11.00 target price on shares of Compass in a research note on Tuesday, November 4th. Zacks Research raised Compass from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Wells Fargo & Company increased their price target on Compass from $8.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 13th. Compass Point set a $15.00 price objective on Compass in a research report on Monday, January 26th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Compass in a research note on Wednesday, January 21st.

Compass Trading Down 12.1%

NYSE:COMP opened at $11.22 on Monday. The company has a market cap of $6.32 billion, a PE ratio of -101.95 and a beta of 2.54. Compass has a twelve month low of $5.66 and a twelve month high of $13.95. The company’s 50 day moving average is $11.65 and its two-hundred day moving average is $9.67.

Insider Buying and Selling at Compass

In related news, CFO Scott R. Wahlers sold 99,986 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $12.03, for a total transaction of $1,202,831.58. Following the completion of the sale, the chief financial officer directly owned 250,073 shares of the company’s stock, valued at approximately $3,008,378.19. This trade represents a 28.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Bradley K. Serwin sold 20,953 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $11.00, for a total value of $230,483.00. Following the completion of the sale, the general counsel directly owned 258,712 shares of the company’s stock, valued at approximately $2,845,832. This trade represents a 7.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 232,360 shares of company stock worth $2,634,501. Insiders own 4.08% of the company’s stock.

Compass Company Profile

Compass, Inc is a technology-driven real estate brokerage firm that provides a full suite of services for home buyers, sellers and renters. Utilizing a proprietary software platform, the company equips its network of licensed real estate agents with data analytics, marketing automation and client relationship tools designed to enhance efficiency and transaction transparency.

Founded in 2012 by Ori Allon and Robert Reffkin, Compass has grown from a single office in New York City to serve more than 300 markets across the United States.