Real Matters (TSE:REAL) Given New C$7.00 Price Target at National Bankshares

Key Points

• National Bankshares has raised the target price for Real Matters from C$5.75 to C$7.00, indicating a potential downside of 8.85% from the stock's previous close.
• Other analysts, including Canaccord Genuity and Raymond James, have set higher target prices of C$10.00 and C$9.00, respectively, while four analysts maintain a Buy rating for the stock.
• Real Matters’ shares recently traded at C$7.68, with a twelve-month high of C$8.03 and a market cap of approximately C$569.46 million.

Real Matters (TSE:REAL - Get Free Report) had its target price raised by research analysts at National Bankshares from C$5.75 to C$7.00 in a research note issued on Thursday,BayStreet.CA reports. The firm currently has a "sector perform" rating on the stock. National Bankshares' price objective indicates a potential downside of 8.85% from the stock's previous close.

Other analysts have also recently issued research reports about the company. Canaccord Genuity Group raised their target price on Real Matters from C$7.00 to C$10.00 and gave the stock a "buy" rating in a research report on Friday, October 3rd. Raymond James Financial raised their target price on Real Matters from C$7.50 to C$9.00 and gave the company an "outperform" rating in a report on Monday, September 15th. TD Securities raised their target price on Real Matters from C$8.50 to C$9.00 and gave the company a "buy" rating in a report on Friday, October 3rd. Finally, ATB Capital dropped their price objective on Real Matters from C$11.00 to C$10.50 and set an "outperform" rating on the stock in a research note on Friday, August 1st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Real Matters presently has an average rating of "Moderate Buy" and an average target price of C$8.56.

Real Matters Price Performance

Shares of REAL stock traded up C$0.08 during mid-day trading on Thursday, hitting C$7.68. 43,439 shares of the stock traded hands, compared to its average volume of 54,461. Real Matters has a twelve month low of C$5.01 and a twelve month high of C$8.03. The firm has a market cap of C$569.46 million, a price-to-earnings ratio of -128.52, a price-to-earnings-growth ratio of -59.18 and a beta of 1.17. The company's 50-day simple moving average is C$7.00 and its 200-day simple moving average is C$6.12. The company has a debt-to-equity ratio of 2.27, a quick ratio of 3.75 and a current ratio of 4.68.

About Real Matters

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.

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