Real Matters Inc. (TSE:REAL) Receives Average Rating of “Moderate Buy” from Brokerages

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

REAL has been the topic of a number of research reports. Raymond James cut their target price on shares of Real Matters from C$10.50 to C$9.00 in a research report on Friday, November 22nd. BMO Capital Markets cut their price objective on shares of Real Matters from C$7.50 to C$7.00 in a report on Friday, November 22nd. Cormark upped their target price on Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. Canaccord Genuity Group cut their price target on Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. Finally, National Bankshares upped their price objective on Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th.

Insider Activity at Real Matters

In related news, Senior Officer Ryan Jacob Smith sold 91,703 shares of Real Matters 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. Also, Director Kimberly Sue Montgomery sold 28,239 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of C$8.30, for a total transaction of C$234,383.70. Over the last quarter, insiders have sold 182,112 shares of company stock worth $1,541,016. 5.17% of the stock is owned by company insiders.

Real Matters Trading Up 0.9 %

Shares of REAL opened at C$6.76 on Wednesday. The firm has a market capitalization of C$496.39 million, a price-to-earnings ratio of 169.00, a PEG ratio of -59.18 and a beta of 0.86. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75. Real Matters has a 1-year low of C$4.95 and a 1-year high of C$9.46. The company has a 50-day moving average of C$7.93 and a 200 day moving average of C$7.08.

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.