Real Matters Inc. (TSE:REAL) Given Average Recommendation of “Moderate Buy” by Brokerages

Real Matters Inc. (TSE:REAL) has been given an average rating of “Moderate Buy” by the six research firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is C$8.82.

A number of analysts have recently weighed in on the stock. TD Securities increased their price objective on shares of Real Matters from C$7.00 to C$8.50 in a research note on Friday, August 2nd. BMO Capital Markets reduced their price objective on Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. ATB Capital upped their target price on Real Matters from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Canaccord Genuity Group reduced their price target on Real Matters from C$10.00 to C$8.50 in a research report on Friday, November 22nd. Finally, Raymond James lowered their price objective on Real Matters from C$10.50 to C$9.00 in a research report on Friday, November 22nd.

Real Matters Trading Up 3.6 %

Real Matters stock opened at C$6.60 on Wednesday. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46. The stock has a 50-day moving average price of C$7.99 and a 200 day moving average price of C$7.03. 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 capitalization of C$484.64 million, a price-to-earnings ratio of 165.00, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86.

Insider Activity

In other news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were 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 company’s stock in a transaction dated Monday, September 30th. The stock was sold at an average price of C$9.25, for a total transaction of C$309,425.10. Insiders sold 182,112 shares of company stock worth $1,541,016 over the last three months. 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.