Real Matters (TSE:REAL) Price Target Raised to C$9.00

Real Matters (TSE:REAL) had its price target lifted by National Bankshares from C$8.00 to C$9.00 in a report released on Thursday morning, BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Other equities research analysts also recently issued reports about the stock. Cormark raised their price objective on shares of Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. Raymond James boosted their price target on Real Matters from C$8.00 to C$10.50 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Canaccord Genuity Group increased their price objective on Real Matters from C$8.75 to C$10.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. BMO Capital Markets boosted their target price on shares of Real Matters from C$6.50 to C$7.50 and gave the company a “market perform” rating in a research report on Friday, August 2nd. Finally, TD Securities upped their price target on shares of Real Matters from C$7.00 to C$8.50 in a research note on Friday, August 2nd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Real Matters currently has an average rating of “Moderate Buy” and a consensus price target of C$9.32.

Real Matters Price Performance

Shares of TSE REAL opened at C$7.71 on Thursday. Real Matters has a twelve month low of C$4.50 and a twelve month high of C$9.46. The company has a market cap of C$566.15 million, a PE ratio of 192.75, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The business’s 50 day moving average price is C$8.20 and its two-hundred day moving average price is C$6.81. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92.

Insider Buying and Selling

In other Real Matters news, Director Frank Vincent Mcmahon sold 33,451 shares of the company’s stock in a transaction dated Monday, September 30th. The stock was sold at an average price of C$9.25, for a total value of C$309,425.10. In related news, Director Frank Vincent Mcmahon sold 33,451 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of C$9.25, for a total transaction of C$309,425.10. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$8.15, for a total value of C$747,351.94. Insiders have sold a total of 182,112 shares of company stock worth $1,541,016 in the last ninety days. Company insiders own 5.17% of the company’s stock.

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.