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

Shares of Real Matters Inc. (TSE:REAL - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six brokerages that are covering the stock, MarketBeat.com 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 1 year target price among analysts that have updated their coverage on the stock in the last year is C$8.56.

A number of analysts have weighed in on the company. 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. Canaccord Genuity Group dropped their price objective on Real Matters from C$8.50 to C$8.00 and set a "buy" rating on the stock in a report on Thursday, May 1st.

Real Matters Stock Down 2.3%

Shares of TSE REAL traded down C$0.13 during mid-day trading on Friday, hitting C$5.57. The company had a trading volume of 26,906 shares, compared to its average volume of 50,912. Real Matters has a 1-year low of C$5.16 and a 1-year high of C$9.46. The company has a debt-to-equity ratio of 2.27, a current ratio of 4.68 and a quick ratio of 3.75. The company has a market capitalization of C$286.57 million, a PE ratio of 55.79, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The business's 50-day simple moving average is C$5.78 and its 200 day simple moving average is C$6.11.

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.