Real Matters (TSE:REAL) Given New C$7.50 Price Target at National Bank Financial

Key Points

• National Bank Financial raised its price target on Real Matters to C$7.50 (from C$7.00) and maintained a "sector perform" rating, implying roughly a 28.4% upside from the prior close.
• Shares were flat at C$5.84 with a market cap of about C$433.8M and a one‑year range of C$5.01–C$8.00, leaving the stock well below the new target.
• The company reported quarterly EPS of C$0.01 and has a negative ROE (-26.4%) and negative net margin (-13.6%), trading at a negative P/E of ~-14.97.

Real Matters (TSE:REAL - Get Free Report) had its price target lifted by stock analysts at National Bank Financial from C$7.00 to C$7.50 in a research report issued on Monday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. National Bank Financial's price objective indicates a potential upside of 28.42% from the company's previous close.

Real Matters Stock Performance

TSE REAL remained flat at C$5.84 on Monday. The company's stock had a trading volume of 42,760 shares, compared to its average volume of 80,716. The company has a debt-to-equity ratio of 1.41, a quick ratio of 3.75 and a current ratio of 111.56. Real Matters has a one year low of C$5.01 and a one year high of C$8.00. The company's 50-day moving average is C$5.84 and its 200-day moving average is C$6.28. The firm has a market capitalization of C$433.84 million, a PE ratio of -14.97, a P/E/G ratio of -59.18 and a beta of 1.19.

Real Matters (TSE:REAL - Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported C$0.01 earnings per share for the quarter. Real Matters had a negative return on equity of 26.40% and a negative net margin of 13.58%.The company had revenue of C$65.68 million during the quarter. On average, sell-side analysts predict that Real Matters will post 0.1956803 earnings per share for the current year.

Real Matters Company Profile

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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