Real Matters Inc. (TSE:REAL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Real Matters Inc. (TSE:REAL) have earned an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$7.43.

A number of analysts have weighed in on REAL shares. National Bank Financial reduced their price target on Real Matters from C$7.50 to C$6.50 and set a “sector perform” rating for the company in a research report on Wednesday, May 27th. TD lowered their price objective on Real Matters from C$9.00 to C$7.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Raymond James Financial cut their price objective on Real Matters from C$8.25 to C$7.50 and set an “outperform” rating on the stock in a research note on Friday, July 31st. Finally, ATB Cormark Capital Markets downgraded Real Matters from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from C$8.00 to C$6.00 in a research note on Friday, July 31st.

Real Matters Stock Down 1.1%

REAL stock opened at C$4.42 on Friday. The company has a current ratio of 113.51, a quick ratio of 3.75 and a debt-to-equity ratio of 1.46. Real Matters has a 1 year low of C$4.32 and a 1 year high of C$8.00. The company has a fifty day simple moving average of C$4.94 and a 200 day simple moving average of C$5.42. The firm has a market cap of C$328.36 million, a PE ratio of -16.37, a PEG ratio of -59.18 and a beta of 1.58.

Real Matters (TSE:REAL) last issued its quarterly earnings data on Thursday, July 30th. The company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$73.12 million during the quarter. Real Matters had a negative net margin of 10.07% and a negative return on equity of 21.48%. Sell-side analysts anticipate that Real Matters will post 0.1956803 EPS for the current fiscal year.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada.