Real Matters Inc. (TSE:REAL) Stock Has Average Price Target of C$7.43 According to Brokerages

Real Matters Inc. (TSE:REAL) has earned an average rating of “Hold” from the five brokerages that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$6.60.

Several brokerages recently issued reports on REAL. TD reduced their price target on shares of Real Matters from C$9.00 to C$7.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Raymond James Financial lowered their price objective on shares of Real Matters from C$8.25 to C$7.50 and set an “outperform” rating for the company in a research report on Friday, July 31st. Finally, ATB Cormark Capital Markets downgraded shares of Real Matters from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from C$8.00 to C$6.00 in a research note on Friday, July 31st.

Real Matters Trading Down 2.0%

TSE REAL opened at C$3.39 on Thursday. The stock has a market cap of C$251.84 million, a price-to-earnings ratio of -12.56, a PEG ratio of -59.18 and a beta of 1.58. The company has a debt-to-equity ratio of 1.46, a quick ratio of 3.75 and a current ratio of 113.51. Real Matters has a twelve month low of C$3.25 and a twelve month high of C$7.75. The firm’s 50 day moving average price is C$4.39 and its two-hundred day moving average price is C$5.10.

Real Matters (TSE:REAL) last issued its quarterly earnings data on Thursday, July 30th. The company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$73.12 million during the quarter. Real Matters had a negative return on equity of 21.48% and a negative net margin of 10.07%. Equities analysts anticipate that Real Matters will post 0.1956803 EPS for the current year.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada.