Real Matters Inc. (TSE:REAL) Receives C$8.56 Average Target Price from Brokerages

Shares of Real Matters Inc. (TSE:REAL - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six ratings firms that are currently covering the company, 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 12-month price target among brokerages that have issued a report on the stock in the last year is C$8.56.

A number of research analysts recently issued reports on the stock. Cormark lowered their price target on shares of Real Matters from C$8.75 to C$7.50 in a research report on Thursday, January 30th. Canaccord Genuity Group lowered their target price on shares of Real Matters from C$8.50 to C$8.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Finally, ATB Capital cut their price target on Real Matters from C$12.00 to C$11.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st.

Real Matters Trading Up 1.7%

REAL stock traded up C$0.10 during trading on Wednesday, reaching C$5.87. The company had a trading volume of 15,129 shares, compared to its average volume of 56,531. The company has a debt-to-equity ratio of 2.27, a current ratio of 4.68 and a quick ratio of 3.75. Real Matters has a 52 week low of C$5.16 and a 52 week high of C$9.46. The business has a 50 day moving average of C$5.85 and a 200 day moving average of C$6.27. The company has a market cap of C$302.00 million, a P/E ratio of 58.79, a PEG ratio of -59.18 and a beta of 0.86.

Real Matters Company Profile

Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S.