Brokerages Set Real Matters Inc. (TSE:REAL) Price Target at C$8.82

Shares of Real Matters Inc. (TSE:REAL) have received a consensus rating of “Moderate Buy” from the six research firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$8.82.

A number of equities research analysts have issued reports on REAL shares. Cormark increased their price target on Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. BMO Capital Markets cut their target price on shares of Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. ATB Capital lifted their price target on shares of Real Matters from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. TD Securities increased their price objective on shares of Real Matters from C$7.00 to C$8.50 in a research report on Friday, August 2nd. Finally, Raymond James decreased their price objective on shares of Real Matters from C$10.50 to C$9.00 in a research report on Friday, November 22nd.

Real Matters Stock Up 0.9 %

Real Matters stock opened at C$6.76 on Wednesday. The firm has a market capitalization of C$496.39 million, a P/E ratio of 169.00, a P/E/G ratio of -59.18 and a beta of 0.86. The stock’s fifty day simple moving average is C$7.93 and its 200-day simple moving average is C$7.05. Real Matters has a twelve month low of C$4.95 and a twelve month high of C$9.46. 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 Activity

In other news, Director Frank Vincent Mcmahon sold 33,451 shares of Real Matters stock in a transaction on Monday, September 30th. The shares were sold at an average price of C$9.25, for a total value of C$309,425.10. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of the stock in a transaction on Friday, September 13th. The stock was sold at an average price of C$8.15, for a total transaction of C$747,351.94. In the last quarter, insiders sold 182,112 shares of company stock worth $1,541,016. Corporate insiders own 5.17% 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.