Brokerages Set Real Matters Inc. (TSE:REAL) Target Price at C$8.64

Real Matters Inc. (TSE:REAL) has received an average recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$8.64.

Several equities analysts have weighed in on REAL shares. Canaccord Genuity Group dropped their price objective on Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. Cormark dropped their price objective on Real Matters from C$8.75 to C$7.50 in a report on Thursday, January 30th. BMO Capital Markets dropped their price objective on Real Matters from C$7.50 to C$7.00 in a report on Friday, November 22nd. National Bankshares lifted their price objective on Real Matters from C$8.00 to C$9.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Finally, Raymond James dropped their price objective on Real Matters from C$10.50 to C$9.00 in a report on Friday, November 22nd.

Insider Buying and Selling at Real Matters

In other Real Matters news, Director Kay Brekken bought 7,870 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average price of C$6.10 per share, for a total transaction of C$48,004.64. Also, Senior Officer Ryan Jacob Smith sold 10,752 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of C$5.76, for a total value of C$61,931.52. Corporate insiders own 5.17% of the company’s stock.

Real Matters Stock Performance

Shares of TSE REAL opened at C$5.95 on Monday. The company has a current ratio of 4.77, a quick ratio of 3.75 and a debt-to-equity ratio of 2.92. Real Matters has a 12 month low of C$4.95 and a 12 month high of C$9.46. The stock has a 50 day moving average of C$6.67 and a 200-day moving average of C$7.30. The company has a market capitalization of C$436.91 million, a P/E ratio of 148.75, a P/E/G ratio of -59.18 and a beta of 0.86.

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.