Real Matters (TSE:REAL) Price Target Lowered to C$7.50 at Cormark

Real Matters (TSE:REAL) had its target price trimmed by Cormark from C$8.75 to C$7.50 in a research report report published on Thursday,BayStreet.CA reports.

A number of other research firms have also issued reports on REAL. National Bankshares increased their price target on Real Matters from C$8.00 to C$9.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Canaccord Genuity Group decreased their price target on shares of Real Matters from C$10.00 to C$8.50 in a research note on Friday, November 22nd. Raymond James lowered their price target on shares of Real Matters from C$10.50 to C$9.00 in a report on Friday, November 22nd. Finally, BMO Capital Markets reduced their price objective on shares of Real Matters from C$7.50 to C$7.00 in a report on Friday, November 22nd. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$8.64.

Real Matters Stock Performance

TSE:REAL opened at C$6.26 on Thursday. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46. The company has a fifty day simple moving average of C$6.75 and a two-hundred day simple moving average of C$7.32. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92. The company has a market cap of C$459.67 million, a price-to-earnings ratio of 156.50, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86.

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.