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

Shares of Real Matters Inc. (TSE:REAL) have been assigned an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$8.82.

A number of equities research analysts recently commented on REAL shares. National Bankshares boosted their target price on Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Canaccord Genuity Group lowered their target price on Real Matters from C$10.00 to C$8.50 in a research report on Friday, November 22nd. BMO Capital Markets cut their target price on shares of Real Matters from C$7.50 to C$7.00 in a report on Friday, November 22nd. Cormark increased their price objective on shares of Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. Finally, Raymond James dropped their price objective on shares of Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd.

Real Matters Stock Up 0.5 %

Shares of REAL stock opened at C$6.63 on Friday. The company’s fifty day simple moving average is C$7.18 and its two-hundred day simple moving average is C$7.18. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46. The stock has a market cap of C$486.84 million, a P/E ratio of 165.75, a PEG 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.

Insider Activity

In other Real Matters news, Director Frank Vincent Mcmahon sold 33,451 shares of the business’s stock in a transaction that occurred 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. Insiders own 5.17% of the company’s stock.

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.