Brokerages Set Real Matters Inc. (TSE:REAL) Price Target at C$7.43

Shares of Real Matters Inc. (TSE:REAL) have earned an average recommendation of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$7.43.

REAL has been the subject of a number of recent research reports. National Bankshares upgraded shares of Real Matters from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from C$6.50 to C$7.00 in a report on Wednesday, May 8th. TD Securities raised 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 research report on Wednesday, May 8th. BMO Capital Markets decreased their target price on shares of Real Matters from C$7.00 to C$6.50 in a research report on Wednesday, May 8th. Finally, Canaccord Genuity Group raised shares of Real Matters from a “hold” rating to a “buy” rating and raised their target price for the stock from C$6.50 to C$7.00 in a research report on Wednesday, May 8th.

Real Matters Stock Performance

Shares of TSE REAL opened at C$6.55 on Monday. The company has a market cap of C$478.54 million, a PE ratio of -59.30, a price-to-earnings-growth ratio of -59.18 and a beta of 0.71. Real Matters has a 12 month low of C$4.43 and a 12 month high of C$7.10. The company has a debt-to-equity ratio of 3.29, a current ratio of 4.28 and a quick ratio of 3.75. The company has a 50-day simple moving average of C$5.80 and a 200-day simple moving average of C$6.06.

Insider Transactions at Real Matters

In other news, Director Karen Lynne Martin bought 8,000 shares of Real Matters stock in a transaction dated Friday, May 17th. The shares were acquired at an average cost of C$5.94 per share, with a total value of C$47,514.40. Corporate insiders own 4.55% of the company’s stock.

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.