Real Matters (TSE:REAL) Upgraded to “Outperform” by National Bankshares

National Bankshares upgraded shares of Real Matters (TSE:REAL) from a sector perform rating to an outperform rating in a report published on Wednesday, BayStreet.CA reports. The brokerage currently has C$7.00 price objective on the stock, up from their prior price objective of C$6.50.

Several other research analysts also recently weighed in on the stock. BMO Capital Markets lowered their price objective on shares of Real Matters from C$7.00 to C$6.50 in a report on Wednesday. TD Securities upgraded shares of Real Matters from a hold rating to a buy rating and set a C$7.00 target price on the stock in a report on Wednesday. Canaccord Genuity Group raised shares of Real Matters from a hold rating to a buy rating and raised their price target for the company from C$6.50 to C$7.00 in a research report on Wednesday. Finally, ATB Capital boosted their price objective on Real Matters from C$9.00 to C$10.00 and gave the stock an outperform rating in a report on Friday, February 2nd. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Real Matters has a consensus rating of Moderate Buy and a consensus price target of C$7.43.

Real Matters Trading Up 2.2 %

TSE REAL opened at C$5.58 on Wednesday. The company has a quick ratio of 3.75, a current ratio of 5.03 and a debt-to-equity ratio of 3.26. Real Matters has a 52 week low of C$4.43 and a 52 week high of C$7.10. The business has a 50 day moving average price of C$5.77 and a 200-day moving average price of C$5.89. The company has a market cap of C$407.67 million, a price-to-earnings ratio of -55.80, a P/E/G ratio of -59.18 and a beta of 0.68.

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.