Raymond James Lowers Real Matters (TSE:REAL) Price Target to C$9.00

Real Matters (TSE:REAL) had its target price trimmed by Raymond James from C$10.50 to C$9.00 in a research note issued to investors on Friday,BayStreet.CA reports.

REAL has been the subject of a number of other reports. National Bankshares boosted their price target on Real Matters from C$8.00 to C$9.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Cormark boosted their price target on Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. TD Securities boosted their price target on Real Matters from C$7.00 to C$8.50 in a report on Friday, August 2nd. Canaccord Genuity Group boosted their price target 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. Finally, 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. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$8.82.

Real Matters Trading Up 0.2 %

Shares of TSE:REAL opened at C$6.38 on Friday. Real Matters has a 12-month low of C$4.95 and a 12-month high of C$9.46. The company has a market capitalization of C$468.48 million, a PE ratio of 159.50, a PEG ratio of -59.18 and a beta of 0.86. The business has a 50 day moving average of C$8.04 and a two-hundred day moving average of C$7.01. The company has a current ratio of 4.77, a quick ratio of 3.75 and a debt-to-equity ratio of 2.92.

Insider Transactions at Real Matters

In other news, Director Kay Brekken acquired 5,600 shares of Real Matters stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of C$8.97 per share, with a total value of C$50,239.84. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$8.15, for a total value of C$747,351.94. Insiders sold a total of 182,112 shares of company stock valued at $1,541,016 in the last three months. 5.17% of the stock is currently owned by company 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.