Real Matters (TSE:REAL) Given New C$7.00 Price Target at BMO Capital Markets

Real Matters (TSE:REAL) had its price objective reduced by BMO Capital Markets from C$7.50 to C$7.00 in a report issued on Friday morning,BayStreet.CA reports.

Several other analysts have also issued reports on REAL. Raymond James reduced their price objective on shares of Real Matters from C$10.50 to C$9.00 in a report on Friday. National Bankshares boosted 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 report on Thursday, October 24th. Cormark boosted their price objective on shares of Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. TD Securities boosted their price objective on shares of Real Matters from C$7.00 to C$8.50 in a report on Friday, August 2nd. Finally, Canaccord Genuity Group dropped their target price on Real Matters from C$10.00 to C$8.50 in a research report on Friday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$8.82.

Real Matters Stock Down 0.2 %

Shares of REAL opened at C$6.37 on Friday. The firm has a market cap of C$467.75 million, a P/E ratio of 159.25, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. Real Matters has a 12-month low of C$4.95 and a 12-month high of C$9.46. The company’s 50-day moving average price is C$8.01 and its 200 day moving average price is C$7.02. The company has a current ratio of 4.77, a quick ratio of 3.75 and a debt-to-equity ratio of 2.92.

Insider Buying and Selling at Real Matters

In other news, Director Frank Vincent Mcmahon sold 33,451 shares of the business’s stock in a transaction dated Monday, September 30th. The stock was sold at an average price of C$9.25, for a total transaction of C$309,425.10. Also, Director Kimberly Sue Montgomery sold 28,239 shares of the business’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of C$8.30, for a total value of C$234,383.70. Insiders sold a total of 182,112 shares of company stock valued at $1,541,016 in the last three months. 5.17% of the stock is owned by corporate insiders.

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.