Real Matters (TSE:REAL) PT Raised to C$10.50 at Raymond James

Real Matters (TSE:REAL) had its target price boosted by stock analysts at Raymond James from C$8.00 to C$10.50 in a report issued on Tuesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ price objective suggests a potential upside of 16.67% from the company’s current price.

REAL has been the topic of a number of other reports. BMO Capital Markets raised their price target on Real Matters from C$6.50 to C$7.50 and gave the company a “market perform” rating in a research note on Friday, August 2nd. ATB Capital raised their price target on Real Matters from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. TD Securities raised their price target on Real Matters from C$7.00 to C$8.50 in a report on Friday, August 2nd. Cormark raised their price target on Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. Finally, Canaccord Genuity Group raised their price target on Real Matters from C$8.75 to C$10.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Real Matters has a consensus rating of “Moderate Buy” and a consensus price target of C$9.18.

Real Matters Stock Up 3.7 %

Shares of TSE REAL traded up C$0.32 during mid-day trading on Tuesday, hitting C$9.00. The company had a trading volume of 76,747 shares, compared to its average volume of 68,990. The company has a market capitalization of C$660.87 million, a PE ratio of 225.00, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75. Real Matters has a 1-year low of C$4.43 and a 1-year high of C$9.46. The business’s 50-day simple moving average is C$7.86 and its 200 day simple moving average is C$6.61.

Insider Buying and Selling

In related news, Senior Officer Ryan Jacob Smith sold 91,703 shares of Real Matters stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$8.15, for a total transaction of C$747,351.94. In other Real Matters news, Director Frank Vincent Mcmahon sold 33,451 shares of Real Matters stock in a transaction dated Monday, September 30th. The stock was sold at an average price of C$9.25, for a total value of C$309,425.10. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of Real Matters stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$8.15, for a total value of C$747,351.94. In the last quarter, insiders sold 182,112 shares of company stock worth $1,541,016. 5.17% of the stock is owned by corporate insiders.

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.