Real Matters Inc. (TSE:REAL) Receives C$8.82 Average Price Target from Brokerages

Shares of Real Matters Inc. (TSE:REAL) have received a consensus rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$8.82.

Several analysts have weighed in on REAL shares. Cormark lifted their price objective on Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. National Bankshares upped their price target on Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th. BMO Capital Markets lowered their price objective on Real Matters from C$7.50 to C$7.00 in a research report on Friday, November 22nd. Raymond James reduced their target price on shares of Real Matters from C$10.50 to C$9.00 in a research report on Friday, November 22nd. Finally, Canaccord Genuity Group lowered their price target on shares of Real Matters from C$10.00 to C$8.50 in a research report on Friday, November 22nd.

Insider Buying and Selling at Real Matters

In related news, Director Frank Vincent Mcmahon sold 33,451 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of C$9.25, for a total transaction of C$309,425.10. 5.17% of the stock is owned by corporate insiders.

Real Matters Price Performance

Shares of Real Matters stock opened at C$6.63 on Friday. The firm has a market cap of C$486.84 million, a PE ratio of 165.75, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company’s fifty day simple moving average is C$7.18 and its two-hundred day simple moving average is C$7.18. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92. Real Matters has a 12-month low of C$4.95 and a 12-month high of C$9.46.

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.