Real Matters Inc. (TSE:REAL) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Real Matters Inc. (TSE:REAL) have been assigned an average rating of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$8.82.

REAL has been the subject of several recent research reports. National Bankshares raised their price objective on shares of Real Matters from C$8.00 to C$9.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Canaccord Genuity Group lowered their price objective on shares of Real Matters from C$10.00 to C$8.50 in a research note on Friday, November 22nd. BMO Capital Markets lowered their price objective on shares of Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. Raymond James lowered their price objective on shares of Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd. Finally, Cormark lifted their price target on shares of Real Matters from C$8.00 to C$8.75 in a research note on Monday, September 23rd.

Real Matters Price Performance

Real Matters stock opened at C$6.65 on Thursday. Real Matters has a 12-month low of C$4.95 and a 12-month high of C$9.46. The stock has a market cap of C$488.31 million, a P/E ratio of 166.25, a PEG ratio of -59.18 and a beta of 0.86. The company has a 50-day moving average price of C$6.85 and a 200 day moving average price of C$7.27. The company has a current ratio of 4.77, a quick ratio of 3.75 and a debt-to-equity ratio of 2.92.

Real Matters Company Profile

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.