Real Matters Inc. (TSE:REAL) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Real Matters, with four buy ratings and three hold ratings. The average 12-month price target is C$7.43.
• Several brokerages recently cut their price targets and/or ratings; targets now range from C$6.00 to C$7.50, though TD and Raymond James retained buy or outperform recommendations.
• Real Matters reported quarterly EPS of C$0.01 on revenue of C$73.12 million, but remains unprofitable, with a negative net margin of 10.07% and negative return on equity of 21.48%. Its shares recently opened at C$4.91, near the 52-week low of C$4.72.

Shares of Real Matters Inc. (TSE:REAL - Get Free Report) have earned a consensus rating of "Moderate Buy" from the seven brokerages that are covering the stock, Marketbeat reports. Three 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 objective among brokerages that have issued a report on the stock in the last year is C$7.43.

A number of research analysts recently commented on the company. National Bank Financial lowered their price target on Real Matters from C$7.50 to C$6.50 and set a "sector perform" rating on the stock in a report on Wednesday, May 27th. ATB Cormark Capital Markets lowered shares of Real Matters from an "outperform" rating to a "sector perform" rating and cut their price objective for the company from C$8.00 to C$6.00 in a report on Friday, July 31st. BMO Capital Markets reduced their price objective on shares of Real Matters from C$7.00 to C$6.00 and set a "market perform" rating on the stock in a research report on Monday, May 4th. TD lowered their target price on shares of Real Matters from C$9.00 to C$7.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Finally, Raymond James Financial cut their target price on shares of Real Matters from C$8.25 to C$7.50 and set an "outperform" rating for the company in a research note on Friday, July 31st.

Real Matters Price Performance

TSE:REAL opened at C$4.91 on Wednesday. The company has a quick ratio of 3.75, a current ratio of 113.51 and a debt-to-equity ratio of 1.46. The business's 50-day simple moving average is C$5.10 and its two-hundred day simple moving average is C$5.66. The stock has a market cap of C$364.75 million, a PE ratio of -18.19, a P/E/G ratio of -59.18 and a beta of 1.58. Real Matters has a 52 week low of C$4.72 and a 52 week high of C$8.00.

Real Matters (TSE:REAL - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported C$0.01 EPS for the quarter. The business had revenue of C$73.12 million for the quarter. Real Matters had a negative return on equity of 21.48% and a negative net margin of 10.07%. As a group, analysts forecast that Real Matters will post 0.1956803 EPS for the current fiscal year.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters' platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada.

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