Real Matters (OTCMKTS:RLLMF) Price Target Cut to C$4.00

Real Matters (OTCMKTS:RLLMFGet Rating) had its target price reduced by analysts at Canaccord Genuity Group from C$4.75 to C$4.00 in a research note issued on Thursday, The Fly reports. The brokerage presently has a “hold” rating on the stock.

Several other equities analysts have also issued reports on the company. BMO Capital Markets reduced their price target on Real Matters from C$5.00 to C$4.50 in a research report on Thursday. Raymond James lowered their price objective on Real Matters from C$6.50 to C$6.00 in a research note on Thursday. Finally, TD Securities lowered their price objective on Real Matters from C$5.50 to C$4.50 in a research note on Thursday.

Real Matters Price Performance

Shares of OTCMKTS RLLMF opened at $3.20 on Thursday. Real Matters has a 1-year low of $3.20 and a 1-year high of $7.61. The stock’s 50-day moving average is $3.58 and its 200 day moving average is $3.97.

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.

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