Real Matters Inc. (TSE:REAL) Given Average Rating of “Moderate Buy” by Brokerages

Real Matters Inc. (TSE:REAL) has earned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$8.56.

Several equities analysts have issued reports on REAL shares. Cormark dropped their price objective on Real Matters from C$8.75 to C$7.50 in a report on Thursday, January 30th. Canaccord Genuity Group dropped their price objective on Real Matters from C$8.50 to C$8.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Finally, ATB Capital dropped their price objective on Real Matters from C$12.00 to C$11.00 and set an “outperform” rating on the stock in a report on Thursday, May 1st.

Real Matters Stock Up 0.7%

Shares of TSE REAL opened at C$6.00 on Wednesday. The stock has a market cap of C$308.69 million, a P/E ratio of 60.10, a PEG ratio of -59.18 and a beta of 0.86. The company has a current ratio of 4.68, a quick ratio of 3.75 and a debt-to-equity ratio of 2.27. Real Matters has a 12-month low of C$5.16 and a 12-month high of C$9.46. The business’s fifty day simple moving average is C$5.84 and its 200-day simple moving average is C$6.32.

About Real Matters

Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company’s platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S.