Analysts Set Real Matters Inc. (TSE:REAL) PT at C$8.64

Shares of Real Matters Inc. (TSE:REAL) have earned an average rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. Two research 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 brokers that have covered the stock in the last year is C$8.64.

Separately, Cormark reduced their target price on Real Matters from C$8.75 to C$7.50 in a report on Thursday, January 30th.

Real Matters Stock Down 2.7 %

Real Matters stock opened at C$5.70 on Tuesday. The company has a current ratio of 4.68, a quick ratio of 3.75 and a debt-to-equity ratio of 2.27. Real Matters has a 1-year low of C$4.95 and a 1-year high of C$9.46. The firm has a market capitalization of C$293.25 million, a price-to-earnings ratio of 57.09, a P/E/G ratio of -59.18 and a beta of 0.86. The firm has a 50 day simple moving average of C$6.00 and a 200 day simple moving average of C$6.96.

Insiders Place Their Bets

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

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.