Real Matters Inc. (TSE:REAL – Get Free Report) traded up 6.9% during mid-day trading on Tuesday . The stock traded as high as C$5.35 and last traded at C$5.29. 59,806 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 59,436 shares. The stock had previously closed at C$4.95.
Wall Street Analyst Weigh In
A number of research analysts recently commented on REAL shares. National Bankshares upgraded Real Matters from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from C$6.50 to C$7.00 in a research note on Wednesday. ATB Capital increased their price objective on shares of Real Matters from C$9.00 to C$10.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. TD Securities upgraded shares of Real Matters from a “hold” rating to a “buy” rating and set a C$7.00 target price for the company in a research report on Wednesday. Canaccord Genuity Group raised Real Matters from a “hold” rating to a “buy” rating and lifted their price target for the company from C$6.50 to C$7.00 in a report on Wednesday. Finally, BMO Capital Markets reduced their price objective on Real Matters from C$7.00 to C$6.50 in a research report on Wednesday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Real Matters presently has a consensus rating of “Moderate Buy” and a consensus price target of C$7.43.
Read Our Latest Research Report on REAL
Real Matters Price Performance
About Real Matters
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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