Real Matters (TSE:REAL) Given New C$7.00 Price Target at BMO Capital Markets

Real Matters (TSE:REAL) had its price target lowered by BMO Capital Markets from C$7.50 to C$7.00 in a report published on Friday,BayStreet.CA reports.

Several other brokerages also recently weighed in on REAL. Canaccord Genuity Group cut their price target on Real Matters from C$10.00 to C$8.50 in a research report on Friday. Cormark raised their price objective on Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. ATB Capital boosted their price objective on Real Matters from C$10.00 to C$11.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Raymond James decreased their target price on Real Matters from C$10.50 to C$9.00 in a research report on Friday. Finally, National Bankshares boosted their price target on shares of Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Real Matters presently has an average rating of “Moderate Buy” and an average price target of C$8.82.

Real Matters Price Performance

Shares of REAL opened at C$6.37 on Friday. The business’s 50-day moving average is C$8.01 and its two-hundred day moving average is C$7.02. The company has a market capitalization of C$467.75 million, a P/E ratio of 159.25, a P/E/G ratio of -59.18 and a beta of 0.86. The company has a debt-to-equity ratio of 2.92, a quick ratio of 3.75 and a current ratio of 4.77. Real Matters has a fifty-two week low of C$4.95 and a fifty-two week high of C$9.46.

Insiders Place Their Bets

In other news, Senior Officer Ryan Jacob Smith sold 91,703 shares of Real Matters stock in a transaction on Friday, September 13th. The stock was sold at an average price of C$8.15, for a total transaction of C$747,351.94. Also, Director Frank Vincent Mcmahon sold 33,451 shares of Real Matters stock in a transaction on Monday, September 30th. The stock was sold at an average price of C$9.25, for a total value of C$309,425.10. Insiders have sold 182,112 shares of company stock valued at $1,541,016 in the last ninety days. 5.17% of the stock is currently owned by corporate insiders.

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.