Real Matters (TSE:REAL) Price Target Increased to C$11.00 by Analysts at ATB Capital

Real Matters (TSE:REAL) had its price target boosted by ATB Capital from C$10.00 to C$11.00 in a report published on Friday, BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other research firms also recently commented on REAL. National Bankshares upgraded shares of Real Matters from a sector perform rating to an outperform rating and boosted their target price for the stock from C$6.50 to C$7.00 in a report on Wednesday, May 8th. BMO Capital Markets dropped their target price on shares of Real Matters from C$7.00 to C$6.50 in a report on Wednesday, May 8th. Canaccord Genuity Group upgraded shares of Real Matters from a hold rating to a buy rating and boosted their target price for the stock from C$6.50 to C$7.00 in a report on Wednesday, May 8th. Finally, TD Securities upgraded shares of Real Matters from a hold rating to a buy rating and set a C$7.00 target price on the stock in a report on Wednesday, May 8th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus target price of C$8.38.

Real Matters Stock Down 4.4 %

REAL stock opened at C$7.03 on Friday. Real Matters has a 52 week low of C$4.43 and a 52 week high of C$7.78. The company has a market capitalization of C$513.61 million, a price-to-earnings ratio of -59.30, a price-to-earnings-growth ratio of -59.18 and a beta of 0.71. The firm’s 50-day moving average is C$6.39 and its two-hundred day moving average is C$6.15. The company has a current ratio of 4.28, a quick ratio of 3.75 and a debt-to-equity ratio of 3.29.

Insider Buying and Selling at Real Matters

In other news, Director Karen Lynne Martin bought 8,000 shares of the stock in a transaction on Friday, May 17th. The shares were purchased at an average price of C$5.94 per share, for a total transaction of C$47,514.40. Company insiders own 4.55% of the company’s stock.

About Real Matters

Real Matters Inc operates as a technology and network management company in Canada and the United States. It operates through three segments: U.S. Appraisal, U.S. Title, and Canada. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions to the mortgage lending industry, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand.