TD Securities Forecasts Strong Price Appreciation for Real Matters (TSE:REAL) Stock

Real Matters (TSE:REAL) had its price objective increased by equities researchers at TD Securities from C$8.50 to C$9.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ price objective points to a potential upside of 19.68% from the stock’s previous close.

A number of other analysts also recently weighed in on REAL. Canaccord Genuity Group decreased their price target on Real Matters from C$9.00 to C$7.00 and set a “buy” rating on the stock in a research note on Friday, August 1st. ATB Capital decreased their price target on Real Matters from C$11.00 to C$10.50 and set an “outperform” rating on the stock in a research note on Friday, August 1st. Raymond James Financial lifted their price target on Real Matters from C$7.50 to C$9.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. Finally, National Bankshares decreased their price target on Real Matters from C$6.50 to C$5.75 and set a “sector perform” rating on the stock in a research note on Friday, August 1st. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$8.41.

Real Matters Price Performance

REAL opened at C$7.52 on Friday. The stock’s 50-day moving average price is C$6.49 and its 200 day moving average price is C$5.99. Real Matters has a 12-month low of C$5.01 and a 12-month high of C$9.19. The firm has a market cap of C$557.59 million, a price-to-earnings ratio of -125.85, a PEG ratio of -59.18 and a beta of 1.25. 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 Company Profile

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.