Real Matters Inc. (TSE:REAL) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Real Matters Inc. (TSE:REAL) have received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$7.43.

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

Insider Transactions at Real Matters

In other news, Director Karen Lynne Martin purchased 8,000 shares of the business’s stock in a transaction on 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 Price Performance

Shares of TSE REAL opened at C$6.28 on Monday. Real Matters has a fifty-two week low of C$4.43 and a fifty-two week high of C$7.10. The business has a fifty day moving average price of C$5.73 and a two-hundred day moving average price of C$6.05. 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 stock has a market capitalization of C$458.82 million, a PE ratio of -59.30, a P/E/G ratio of -59.18 and a beta of 0.71.

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.