Raymond James Cuts Real Matters (TSE:REAL) Price Target to C$6.50

Real Matters (TSE:REALGet Rating) had its price target trimmed by Raymond James from C$10.00 to C$6.50 in a research note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Other analysts have also recently issued research reports about the stock. Scotiabank decreased their price target on shares of Real Matters from C$10.00 to C$8.00 in a research note on Monday, January 31st. Canaccord Genuity Group decreased their price target on shares of Real Matters from C$8.75 to C$6.00 and set a buy rating on the stock in a research note on Monday, January 31st. BMO Capital Markets decreased their target price on shares of Real Matters from C$9.00 to C$7.00 and set a market perform rating on the stock in a research report on Monday, January 31st. ATB Capital decreased their target price on shares of Real Matters from C$11.50 to C$10.00 and set a hold rating on the stock in a research report on Friday. Finally, TD Securities decreased their target price on shares of Real Matters from C$6.50 to C$6.00 and set a hold rating on the stock in a research report on Friday. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of Hold and a consensus target price of C$8.38.

Shares of REAL stock opened at C$4.56 on Friday. The stock has a market cap of C$357.08 million and a P/E ratio of 10.43. Real Matters has a 52 week low of C$4.18 and a 52 week high of C$18.25. The company has a quick ratio of 4.23, a current ratio of 4.32 and a debt-to-equity ratio of 4.83. The company’s fifty day simple moving average is C$5.23 and its two-hundred day simple moving average is C$6.88.

Real Matters Company Profile (Get Rating)

Real Matters Inc provides technology and network management solutions to mortgage lending and insurance industries in Canada and the United States. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions under the Solidifi brand to the mortgage lending industry; and insurance inspection services to property and casualty insurers under the iv3 brand.

Read More

Analyst Recommendations for Real Matters (TSE:REAL)

Receive News & Ratings for Real Matters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Real Matters and related companies with MarketBeat.com's FREE daily email newsletter.