Brokerages Set Real Matters Inc. (TSE:REAL) Price Target at C$7.36

Real Matters Inc. (TSE:REAL) has been given a consensus recommendation of “Hold” by the six ratings firms that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$7.36.

Several research firms have recently commented on REAL. Canaccord Genuity Group raised their target price on shares of Real Matters from C$5.25 to C$6.50 and gave the stock a “hold” rating in a research note on Friday, February 2nd. BMO Capital Markets raised their price objective on shares of Real Matters from C$5.50 to C$7.00 and gave the company a “market perform” rating in a research note on Friday, February 2nd. TD Securities raised their price objective on shares of Real Matters from C$6.00 to C$7.00 and gave the company a “hold” rating in a research note on Friday, February 2nd. Finally, ATB Capital raised their price objective on shares of Real Matters from C$9.00 to C$10.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd.

Real Matters Stock Down 0.9 %

REAL stock opened at C$5.40 on Wednesday. Real Matters has a one year low of C$4.25 and a one year high of C$7.10. The stock has a market capitalization of C$394.52 million, a PE ratio of -54.00, a price-to-earnings-growth ratio of -59.18 and a beta of 0.69. The company has a debt-to-equity ratio of 3.26, a quick ratio of 3.75 and a current ratio of 5.03. The company has a fifty day moving average of C$6.11 and a 200-day moving average of C$5.94.

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.