Real Matters (TSE:REAL) Price Target Raised to C$10.50

by · The Cerbat Gem

Real Matters (TSE:REAL – Free Report) had its price target hoisted by Raymond James from C$8.00 to C$10.50 in a report released on Tuesday morning, BayStreet.CA reports. Raymond James currently has an outperform rating on the stock.

Other equities research analysts also recently issued reports about the company. ATB Capital raised their target price on Real Matters from C$10.00 to C$11.00 and gave the company an outperform rating in a report on Friday, August 2nd. Canaccord Genuity Group raised their target price on Real Matters from C$8.75 to C$10.00 and gave the company a buy rating in a report on Wednesday, September 25th. TD Securities lifted their price objective on Real Matters from C$7.00 to C$8.50 in a report on Friday, August 2nd. BMO Capital Markets lifted their price objective on Real Matters from C$6.50 to C$7.50 and gave the stock a market perform rating in a report on Friday, August 2nd. Finally, National Bankshares downgraded Real Matters from an outperform rating to a sector perform rating and set a C$8.00 price objective on the stock. in a report on Friday, August 2nd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of C$9.18.

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Real Matters Stock Performance

Real Matters stock opened at C$8.84 on Tuesday. The stock’s 50-day moving average is C$7.93 and its 200-day moving average is C$6.65. The company has a market cap of C$649.12 million, a price-to-earnings ratio of 221.00, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75. Real Matters has a 12 month low of C$4.43 and a 12 month high of C$9.46.

Insider Activity at Real Matters

In other Real Matters news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the business’s 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. In other Real Matters news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the business’s 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 the business’s 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 sold 182,112 shares of company stock worth $1,541,016 in the last 90 days. 5.17% of the stock is currently owned by company insiders.

Real Matters Company Profile

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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.

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