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

Compass, Inc. (NYSE:COMP) has been assigned a consensus rating of “Moderate Buy” from the thirteen ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $13.6364.

Several equities research analysts have issued reports on COMP shares. The Goldman Sachs Group assumed coverage on shares of Compass in a research report on Tuesday, January 27th. They set a “neutral” rating and a $14.00 price objective for the company. Compass Point set a $15.00 price target on Compass in a research note on Monday, January 26th. Wells Fargo & Company increased their price objective on Compass from $8.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of Compass in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. initiated coverage on shares of Compass in a research report on Monday, January 26th. They set an “overweight” rating and a $15.00 price target on the stock.

Compass Price Performance

NYSE:COMP opened at $10.37 on Monday. The company has a market cap of $5.84 billion, a P/E ratio of -94.23 and a beta of 2.54. The firm’s fifty day moving average price is $11.64 and its two-hundred day moving average price is $9.69. Compass has a one year low of $5.66 and a one year high of $13.95.

Insider Buying and Selling

In related news, General Counsel Bradley K. Serwin sold 20,953 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $11.00, for a total transaction of $230,483.00. Following the sale, the general counsel owned 258,712 shares of the company’s stock, valued at $2,845,832. This represents a 7.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Scott R. Wahlers sold 99,986 shares of Compass stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $12.03, for a total value of $1,202,831.58. Following the completion of the transaction, the chief financial officer directly owned 250,073 shares of the company’s stock, valued at $3,008,378.19. This represents a 28.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 232,360 shares of company stock valued at $2,634,501. 4.08% of the stock is owned by company insiders.

About Compass

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.