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

Shares of Real Matters Inc. (TSE:REAL - Get Free Report) have earned an average rating of "Moderate Buy" from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target 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. BMO Capital Markets decreased their price target on Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. Raymond James lowered their target price on Real Matters from C$10.50 to C$9.00 in a report on Friday, November 22nd. Canaccord Genuity Group cut their price target on Real Matters from C$10.00 to C$8.50 in a research note on Friday, November 22nd. Finally, Cormark decreased their price objective on shares of Real Matters from C$8.75 to C$7.50 in a research report on Thursday, January 30th.

Insider Activity

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

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Real Matters Price Performance

REAL stock traded down C$0.21 during trading on Friday, reaching C$5.54. 81,802 shares of the company were exchanged, compared to its average volume of 66,195. The company has a debt-to-equity ratio of 2.27, a quick ratio of 3.75 and a current ratio of 4.68. The stock's 50 day moving average price is C$6.34 and its 200 day moving average price is C$7.17. Real Matters has a 52-week low of C$4.95 and a 52-week high of C$9.46. The company has a market cap of C$285.02 million, a P/E ratio of 55.49, a PEG ratio of -59.18 and a beta of 0.86.

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.