Real Matters (TSE:REAL) Stock Rating Upgraded by National Bankshares

Real Matters (TSE:REAL) was upgraded by National Bankshares from a “sector perform” rating to an “outperform” rating in a note issued to investors on Wednesday, BayStreet.CA reports. The brokerage presently has a C$7.00 price objective on the stock, up from their previous price objective of C$6.50. National Bankshares’ price target would indicate a potential upside of 20.90% from the stock’s previous close.

Other analysts have also issued research reports about the stock. ATB Capital lifted their price target on shares of Real Matters from C$9.00 to C$10.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. BMO Capital Markets lowered their target price on shares of Real Matters from C$7.00 to C$6.50 in a research note on Wednesday. TD Securities upgraded shares of Real Matters from a “hold” rating to a “buy” rating and set a C$7.00 target price for the company in a research note on Wednesday. Finally, Canaccord Genuity Group raised shares of Real Matters from a “hold” rating to a “buy” rating and boosted their price target for the company from C$6.50 to C$7.00 in a report on Wednesday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$7.43.

Real Matters Trading Up 3.8 %

REAL opened at C$5.79 on Wednesday. The company has a quick ratio of 3.75, a current ratio of 5.03 and a debt-to-equity ratio of 3.26. The firm’s 50 day moving average is C$5.76 and its 200-day moving average is C$5.89. The firm has a market capitalization of C$423.02 million, a P/E ratio of -57.90, a P/E/G ratio of -59.18 and a beta of 0.68. Real Matters has a 52-week low of C$4.43 and a 52-week high of C$7.10.

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.