Analysts Set Real Matters Inc. (TSE:REAL) Price Target at C$8.56

Real Matters Inc. (TSE:REAL - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the six analysts that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$8.56.

Several equities research analysts have weighed in on the company. ATB Capital dropped their price objective on Real Matters from C$12.00 to C$11.00 and set an "outperform" rating for the company in a report 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 for the company in a report on Thursday, May 1st.

Real Matters Trading Down 2.3%

TSE REAL traded down C$0.13 on Friday, hitting C$5.54. The company's stock had a trading volume of 37,405 shares, compared to its average volume of 51,708. Real Matters has a 52-week low of C$5.16 and a 52-week high of C$9.46. The company has a current ratio of 4.68, a quick ratio of 3.75 and a debt-to-equity ratio of 2.27. The company's 50-day simple moving average is C$5.78 and its 200 day simple moving average is C$6.13. The firm has a market cap of C$285.02 million, a P/E ratio of 55.49, 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.