Analysts Set Compass, Inc. (NYSE:COMP) Target Price at $17.80

Shares of Compass, Inc. (NYSE:COMPGet Rating) have received a consensus recommendation of “Buy” from the eleven research firms that are presently covering the firm, reports. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $17.80.

COMP has been the topic of a number of research reports. Zacks Investment Research cut Compass from a “buy” rating to a “hold” rating in a research note on Wednesday, March 30th. Needham & Company LLC lowered their price objective on Compass from $18.00 to $13.00 and set a “buy” rating on the stock in a research note on Thursday, February 17th. Berenberg Bank assumed coverage on Compass in a research note on Tuesday, January 11th. They issued a “buy” rating and a $11.00 price objective on the stock. Morgan Stanley cut their price objective on Compass from $24.00 to $22.00 in a report on Wednesday, January 19th. Finally, The Goldman Sachs Group cut their price objective on Compass from $21.00 to $12.00 and set a “buy” rating for the company in a report on Wednesday, March 30th.

Shares of NYSE:COMP traded down $0.49 during midday trading on Monday, reaching $6.00. The company had a trading volume of 2,071,177 shares, compared to its average volume of 2,109,005. The company’s 50 day moving average price is $7.35 and its 200 day moving average price is $9.26. The stock has a market cap of $2.47 billion and a P/E ratio of -2.53. Compass has a 52-week low of $5.58 and a 52-week high of $19.40.

Compass (NYSE:COMPGet Rating) last announced its quarterly earnings data on Wednesday, February 16th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.37) by ($0.06). Compass had a negative net margin of 7.70% and a negative return on equity of 64.94%. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the prior year, the firm posted ($0.36) earnings per share. The company’s revenue was up 31.1% on a year-over-year basis. On average, equities research analysts forecast that Compass will post -0.87 earnings per share for the current fiscal year.

Compass Company Profile (Get Rating)

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, as well as brokerage and adjacent services in the real estate industry.

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Analyst Recommendations for Compass (NYSE:COMP)

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