National Bankshares Increases Real Matters (TSE:REAL) Price Target to C$9.00

Real Matters (TSE:REAL) had its target price hoisted by research analysts at National Bankshares from C$8.00 to C$9.00 in a report issued on Thursday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 16.73% from the stock’s current price.

REAL has been the topic of a number of other research reports. Raymond James upped their price objective on Real Matters from C$8.00 to C$10.50 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. TD Securities upped their price target on shares of Real Matters from C$7.00 to C$8.50 in a research note on Friday, August 2nd. BMO Capital Markets raised their price objective on shares of 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 upped their target price on shares of Real Matters from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. Finally, Canaccord Genuity Group increased their target price on shares of Real Matters from C$8.75 to C$10.00 and gave the company a “buy” rating in a report on Wednesday, September 25th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$9.32.

Real Matters Stock Performance

Shares of REAL opened at C$7.71 on Thursday. The company has a market capitalization of C$566.15 million, a price-to-earnings ratio of 192.75, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. Real Matters has a 52-week low of C$4.50 and a 52-week high of C$9.46. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92. The stock has a 50 day moving average price of C$8.20 and a 200 day moving average price of C$6.81.

Insider Transactions at Real Matters

In related news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the stock in a transaction on 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 news, Director Kimberly Sue Montgomery sold 28,239 shares of Real Matters stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of C$8.30, for a total value of C$234,383.70. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of Real Matters stock in a transaction on Friday, September 13th. The stock was 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 over the last quarter. Company insiders own 5.17% of the company’s stock.

Real Matters Company Profile

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.