Brokerages Set Real Matters Inc. (TSE:REAL) PT at C$8.64

Shares of Real Matters Inc. (TSE:REAL) have earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$8.64.

Separately, Cormark dropped their price objective on Real Matters from C$8.75 to C$7.50 in a research note on Thursday, January 30th.

Real Matters Stock Down 1.1 %

Real Matters stock opened at C$5.64 on Tuesday. The firm has a 50 day moving average price of C$5.97 and a 200-day moving average price of C$6.95. The company has a quick ratio of 3.75, a current ratio of 4.68 and a debt-to-equity ratio of 2.27. Real Matters has a twelve month low of C$4.95 and a twelve month high of C$9.46. The company has a market capitalization of C$290.17 million, a P/E ratio of 56.49, a P/E/G ratio of -59.18 and a beta of 0.86.

Insider Activity at Real Matters

In other news, Senior Officer Ryan Jacob Smith sold 10,752 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of C$5.76, for a total value of C$61,931.52. Also, Director Kay Brekken acquired 7,870 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was purchased at an average price of C$6.10 per share, with a total value of C$48,004.64. 5.17% of the stock is currently owned by corporate 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.