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

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

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

Real Matters Stock Performance

Shares of REAL opened at C$6.65 on Thursday. The business’s fifty day moving average price is C$6.85 and its 200 day moving average price is C$7.27. Real Matters has a 12-month low of C$4.95 and a 12-month high of C$9.46. The stock has a market capitalization of C$488.31 million, a PE ratio of 166.25, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75.

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.