Real Matters Inc. (TSE:REAL) Receives C$8.64 Consensus PT from Brokerages

Real Matters Inc. (TSE:REAL - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$8.64.

REAL has been the topic of several research analyst reports. Canaccord Genuity Group decreased their price objective on shares of Real Matters from C$10.00 to C$8.50 in a research report on Friday, November 22nd. National Bankshares upped their target price on Real Matters from C$8.00 to C$9.00 and gave the stock a "sector perform" rating in a research note on Thursday, October 24th. Raymond James cut their target price on Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd. Cormark cut their target price on Real Matters from C$8.75 to C$7.50 in a research note on Thursday, January 30th. Finally, BMO Capital Markets cut their target price on Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd.

Insider Buying and Selling

In other Real Matters news, Senior Officer Ryan Jacob Smith sold 10,752 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of C$5.76, for a total value of C$61,931.52. Also, Director Kay Brekken acquired 7,870 shares of the firm's stock in a transaction on Monday, February 3rd. The stock was purchased at an average price of C$6.10 per share, with a total value of C$48,004.64. 5.17% of the stock is currently owned by insiders.

Real Matters Price Performance

Shares of REAL stock traded up C$0.12 during trading on Monday, hitting C$6.07. The company had a trading volume of 286,178 shares, compared to its average volume of 80,469. The company has a quick ratio of 3.75, a current ratio of 4.68 and a debt-to-equity ratio of 2.27. The stock's 50-day moving average is C$6.65 and its two-hundred day moving average is C$7.30. The stock has a market capitalization of C$312.29 million, a price-to-earnings ratio of 60.80, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46.

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.