Real Matters (TSE:REAL) Downgraded to Sector Perform at National Bankshares

National Bankshares cut shares of Real Matters (TSE:REAL) from an outperform rating to a sector perform rating in a report issued on Friday, BayStreet.CA reports. They currently have C$8.00 price target on the stock.

Other research analysts also recently issued reports about the stock. BMO Capital Markets boosted their price objective on shares of Real Matters from C$6.50 to C$7.50 and gave the company a market perform rating in a research report on Friday. TD Securities upgraded shares of Real Matters from a hold rating to a buy rating and set a C$7.00 price objective for the company in a research report on Wednesday, May 8th. Canaccord Genuity Group upgraded shares of Real Matters from a hold rating to a buy rating and boosted their price objective for the company from C$6.50 to C$7.00 in a research report on Wednesday, May 8th. Finally, ATB Capital boosted their price objective on shares of Real Matters from C$10.00 to C$11.00 and gave the company an outperform rating in a research report 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 MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average target price of C$8.38.

Real Matters Stock Down 4.4 %

TSE REAL opened at C$7.03 on Friday. The company has a current ratio of 4.28, a quick ratio of 3.75 and a debt-to-equity ratio of 3.29. Real Matters has a 1-year low of C$4.43 and a 1-year high of C$7.78. The company has a 50 day moving average of C$6.39 and a 200-day moving average of C$6.15. 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.

Insiders Place Their Bets

In related news, Director Karen Lynne Martin bought 8,000 shares of the firm’s stock in a transaction on Friday, May 17th. The shares were purchased 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.

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.