Real Matters Inc. (TSE:REAL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Real Matters Inc. (TSE:REAL) has been given an average recommendation of “Moderate Buy” by the six research firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$9.32.

Several equities research analysts have recently weighed in on the stock. TD Securities upped their price target on shares of Real Matters from C$7.00 to C$8.50 in a research report on Friday, August 2nd. ATB Capital raised their price objective on Real Matters from C$10.00 to C$11.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Raymond James increased their price target on shares of Real Matters from C$8.00 to C$10.50 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. National Bankshares lifted their price target on shares of Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Finally, BMO Capital Markets increased their price objective on Real Matters from C$6.50 to C$7.50 and gave the company a “market perform” rating in a report on Friday, August 2nd.

Insiders Place Their Bets

In other Real Matters news, Director Frank Vincent Mcmahon sold 33,451 shares of the business’s stock in a transaction on Monday, September 30th. The stock was sold at an average price of C$9.25, for a total transaction of C$309,425.10. In related news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$8.15, for a total transaction of C$747,351.94. Also, Director Frank Vincent Mcmahon sold 33,451 shares of Real Matters stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of C$9.25, for a total transaction of C$309,425.10. Insiders have sold 182,112 shares of company stock valued at $1,541,016 in the last ninety days. 5.17% of the stock is currently owned by corporate insiders.

Real Matters Stock Performance

Shares of Real Matters stock opened at C$7.35 on Friday. Real Matters has a 52 week low of C$4.89 and a 52 week high of C$9.46. The stock’s fifty day moving average is C$8.20 and its two-hundred day moving average is C$6.85. The company has a market capitalization of C$539.71 million, a PE ratio of 183.75, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a quick ratio of 3.75, a current ratio of 4.77 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.