Analysts Set Real Matters Inc. (TSE:REAL) Target Price at C$8.82

Shares of Real Matters Inc. (TSE:REAL - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six analysts that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$8.82.

Several brokerages recently weighed in on REAL. National Bankshares increased their target price 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. Cormark increased their price objective on Real Matters from C$8.00 to C$8.75 in a research note on Monday, September 23rd. BMO Capital Markets cut their target price on shares of Real Matters from C$7.50 to C$7.00 in a report on Friday, November 22nd. Raymond James lowered their price target on shares of Real Matters from C$10.50 to C$9.00 in a report on Friday, November 22nd. Finally, Canaccord Genuity Group cut their price target on shares of Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd.

Real Matters Price Performance

Shares of Real Matters stock traded up C$0.03 during trading on Friday, hitting C$6.53. 22,306 shares of the stock traded hands, compared to its average volume of 70,511. The stock has a market cap of C$479.50 million, a price-to-earnings ratio of 163.25, a PEG ratio of -59.18 and a beta of 0.86. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46. The firm's fifty day moving average is C$7.40 and its 200-day moving average is C$7.16.

Insider Buying and Selling at Real Matters

In other Real Matters news, Director Frank Vincent Mcmahon sold 33,451 shares of the stock in a transaction 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, Director Kay Brekken bought 5,600 shares of Real Matters stock in a transaction on Friday, September 27th. The stock was acquired at an average cost of C$8.97 per share, with a total value of C$50,239.84. 5.17% of the stock is owned by company 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.