Real Matters Inc. (TSE:REAL) Receives C$8.56 Average PT from Analysts

Shares of Real Matters Inc. (TSE:REAL - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six research firms that are currently covering the stock, MarketBeat 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 12-month price target among brokers that have covered the stock in the last year is C$8.56.

Several research analysts recently issued reports on REAL shares. Canaccord Genuity Group decreased their price target on shares of Real Matters from C$8.50 to C$8.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. ATB Capital cut their price objective on shares of Real Matters from C$12.00 to C$11.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st.

Real Matters Stock Down 1.6%

REAL traded down C$0.09 during trading on Thursday, reaching C$5.56. The stock had a trading volume of 40,599 shares, compared to its average volume of 49,082. 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 has a market capitalization of C$286.05 million, a price-to-earnings ratio of 55.69, a P/E/G ratio of -59.18 and a beta of 0.86. The stock's 50 day moving average is C$5.75 and its two-hundred day moving average is C$5.99. Real Matters has a one year low of C$5.16 and a one year high of C$9.46.

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.