Analysts Set Real Matters Inc. (TSE:REAL) PT at C$8.82

Real Matters Inc. (TSE:REAL) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$8.82.

A number of equities research analysts have commented on REAL shares. Canaccord Genuity Group reduced their price target on shares of Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. National Bankshares raised their target price on shares of Real Matters from C$8.00 to C$9.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Cormark raised their target price on shares of Real Matters from C$8.00 to C$8.75 in a research note on Monday, September 23rd. BMO Capital Markets lowered their target price on shares of Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. Finally, Raymond James lowered their target price on shares of Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd.

Real Matters Stock Performance

Shares of TSE:REAL opened at C$6.75 on Thursday. The firm has a 50 day moving average of C$6.81 and a 200 day moving average of C$7.27. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46. The company has a market capitalization of C$495.65 million, a price-to-earnings ratio of 168.75, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92.

Real Matters Company Profile

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.