Real Matters (TSE:REAL) Rating Increased to Buy at TD Securities

Real Matters (TSE:REAL) was upgraded by equities researchers at TD Securities from a “hold” rating to a “buy” rating in a research report issued on Wednesday, BayStreet.CA reports. The firm presently has a C$7.00 price target on the stock. TD Securities’ price objective suggests a potential upside of 20.90% from the company’s current price.

Other analysts have also recently issued research reports about the company. BMO Capital Markets lowered their price target on Real Matters from C$7.00 to C$6.50 in a report on Wednesday. Canaccord Genuity Group lifted their price target on shares of Real Matters from C$5.25 to C$6.50 and gave the company a “hold” rating in a report on Friday, February 2nd. Finally, ATB Capital raised their price objective on Real Matters from C$9.00 to C$10.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Real Matters presently has an average rating of “Moderate Buy” and an average target price of C$7.43.

Real Matters Price Performance

REAL stock opened at C$5.79 on Wednesday. The company has a debt-to-equity ratio of 3.26, a quick ratio of 3.75 and a current ratio of 5.03. The firm has a market cap of C$423.02 million, a P/E ratio of -57.90, a PEG ratio of -59.18 and a beta of 0.68. Real Matters has a 1 year low of C$4.43 and a 1 year high of C$7.10. The stock’s 50 day moving average price is C$5.76 and its 200 day moving average price is C$5.89.

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.