Compass, Inc. (NYSE:COMP) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Compass, Inc. (NYSE:COMP) have been assigned an average rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $13.00.

A number of research firms recently commented on COMP. Barclays boosted their price target on Compass from $13.00 to $15.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Odeon Capital Group started coverage on shares of Compass in a research report on Wednesday, November 19th. They issued a “buy” rating for the company. Zacks Research raised shares of Compass from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. UBS Group set a $10.00 price target on shares of Compass in a research report on Tuesday, January 13th. 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 objective for the company.

Compass Stock Up 2.0%

Shares of NYSE COMP opened at $12.28 on Monday. The business has a fifty day moving average price of $11.54 and a two-hundred day moving average price of $9.58. Compass has a fifty-two week low of $5.66 and a fifty-two week high of $13.95.

Insider Buying and Selling at Compass

In related news, General Counsel Bradley K. Serwin sold 20,953 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $11.00, for a total value of $230,483.00. Following the sale, the general counsel directly owned 258,712 shares of the company’s stock, valued at $2,845,832. This trade represents a 7.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Scott R. Wahlers sold 99,986 shares of Compass stock in a transaction dated 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 owned 250,073 shares in the company, valued at approximately $3,008,378.19. This represents a 28.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 234,167 shares of company stock worth $2,651,216. Corporate insiders own 4.08% of the company’s stock.

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.