Analysts Set Real Matters Inc. (TSE:REAL) Target Price at C$9.32

Real Matters Inc. (TSE:REAL) has received an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, 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 12 month target price among analysts that have updated their coverage on the stock in the last year is C$9.32.

REAL has been the topic of a number of research analyst reports. ATB Capital increased their price objective on shares of Real Matters from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. BMO Capital Markets increased their target price on Real Matters from C$6.50 to C$7.50 and gave the stock a “market perform” rating in a research note on Friday, August 2nd. TD Securities boosted their target price on Real Matters from C$7.00 to C$8.50 in a research note on Friday, August 2nd. Canaccord Genuity Group lifted their price target on shares of Real Matters from C$8.75 to C$10.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Finally, Raymond James increased their price target on shares of Real Matters from C$8.00 to C$10.50 and gave the company an “outperform” rating in a research note on Tuesday, October 8th.

Real Matters Trading Up 0.8 %

Real Matters stock opened at C$7.41 on Friday. The company has a debt-to-equity ratio of 2.92, a quick ratio of 3.75 and a current ratio of 4.77. The business’s 50-day simple moving average is C$8.20 and its 200-day simple moving average is C$6.87. The firm has a market capitalization of C$544.12 million, a PE ratio of 185.25, a PEG ratio of -59.18 and a beta of 0.86. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46.

Insider Activity

In related news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the 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 related news, Director Frank Vincent Mcmahon sold 33,451 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of C$9.25, for a total transaction of C$309,425.10. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of the company’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$8.15, for a total transaction of C$747,351.94. Insiders sold a total of 182,112 shares of company stock valued at $1,541,016 in the last ninety days. 5.17% of the stock is currently owned by 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.