Real Matters (TSE:REAL) PT Raised to C$8.50

Real Matters (TSE:REAL) had its target price lifted by TD Securities from C$7.00 to C$8.50 in a research report released on Friday morning, BayStreet.CA reports.

Other research analysts have also recently issued research reports about the stock. ATB Capital lifted their target price on shares of Real Matters from C$10.00 to C$11.00 and gave the company an outperform rating in a research note on Friday. National Bankshares cut shares of Real Matters from an outperform rating to a sector perform rating and set a C$8.00 target price on the stock. in a research note on Friday. Canaccord Genuity Group lifted their target price on shares of Real Matters from C$7.00 to C$8.75 and gave the company a buy rating in a research note on Friday. Finally, BMO Capital Markets lifted their target price on shares of Real Matters from C$6.50 to C$7.50 and gave the company a market perform rating in a research note on Friday. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus price target of C$8.38.

Real Matters Trading Down 4.4 %

Shares of REAL stock opened at C$7.03 on Friday. Real Matters has a 1 year low of C$4.43 and a 1 year high of C$7.78. The firm has a fifty day moving average price of C$6.39 and a 200-day moving average price of C$6.15. The company has a debt-to-equity ratio of 3.29, a current ratio of 4.28 and a quick ratio of 3.75. The company has a market cap of C$513.61 million, a price-to-earnings ratio of -59.30, a PEG ratio of -59.18 and a beta of 0.71.

Insider Buying and Selling at Real Matters

In related news, Director Karen Lynne Martin acquired 8,000 shares of the company’s stock in a transaction on Friday, May 17th. The stock was acquired at an average price of C$5.94 per share, with a total value of C$47,514.40. Insiders own 4.55% of the company’s stock.

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.