Real Matters Inc. (TSE:REAL) Receives Average Rating of “Hold” from Analysts

Shares of Real Matters Inc. (TSE:REALGet Rating) have been assigned a consensus rating of “Hold” from the ten ratings firms that are covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$8.38.

REAL has been the subject of several recent research reports. National Bankshares dropped their price target on Real Matters from C$8.00 to C$6.00 in a research report on Tuesday, April 26th. Scotiabank decreased their price target on Real Matters from C$10.00 to C$8.00 in a report on Monday, January 31st. Canaccord Genuity Group dropped their price objective on shares of Real Matters from C$8.75 to C$6.00 and set a “buy” rating for the company in a research note on Monday, January 31st. ATB Capital reduced 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 note on Friday. Finally, BMO Capital Markets dropped their price target on shares of Real Matters from C$9.00 to C$7.00 and set a “market perform” rating for the company in a research note on Monday, January 31st.

Real Matters stock opened at C$4.56 on Monday. The firm’s fifty day moving average is C$5.23 and its 200 day moving average is C$6.86. 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 has a market cap of C$357.08 million and a price-to-earnings ratio of 10.43. Real Matters has a 52-week low of C$4.18 and a 52-week high of C$18.25.

About Real Matters (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.

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Analyst Recommendations for Real Matters (TSE:REAL)

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