Real Matters Inc. (TSE:REAL) Receives Average Recommendation of “Moderate Buy” from Analysts

by · The Cerbat Gem

Real Matters Inc. (TSE:REAL – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$8.64.

A number of analysts recently commented on REAL shares. Raymond James dropped their price target on Real Matters from C$10.50 to C$9.00 in a report on Friday, November 22nd. Cormark lowered their target price on Real Matters from C$8.75 to C$7.50 in a research note on Thursday, January 30th. 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. Finally, BMO Capital Markets decreased their price objective on shares of Real Matters from C$7.50 to C$7.00 in a report on Friday, November 22nd.

View Our Latest Research Report on Real Matters

Insiders Place Their Bets

In related news, Senior Officer Ryan Jacob Smith sold 10,752 shares of the business’s stock in a transaction on 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 business’s stock in a transaction on Monday, February 3rd. The stock was bought at an average price of C$6.10 per share, with a total value of C$48,004.64. Company insiders own 5.17% of the company’s stock.

Real Matters Trading Down 2.6 %

TSE:REAL opened at C$5.66 on Friday. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46. The firm has a 50-day moving average price of C$6.26 and a two-hundred day moving average price of C$7.13. The firm has a market cap of C$291.20 million, a price-to-earnings ratio of 56.69, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a debt-to-equity ratio of 2.27, a quick ratio of 3.75 and a current ratio of 4.68.

About Real Matters

(Get Free Report

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.

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