Real Matters (TSE:REAL) Price Target Lowered to C$5.75 at National Bankshares

Key Points

• National Bankshares has lowered the price target for Real Matters from C$6.50 to C$5.75, indicating a potential upside of 7.48% from the current price.
• Canaccord Genuity and ATB Capital have also reduced their target prices for Real Matters, with current ratings ranging from "buy" to "outperform".
• Real Matters' stock recently traded at C$5.35, with a market cap of C$275.25 million and a price-to-earnings ratio of 53.59.

Real Matters (TSE:REAL - Get Free Report) had its target price reduced by stock analysts at National Bankshares from C$6.50 to C$5.75 in a research note issued on Friday,BayStreet.CA reports. The brokerage currently has a "sector perform" rating on the stock. National Bankshares' price target would indicate a potential upside of 6.09% from the stock's previous close.

A number of other analysts have also recently commented on REAL. Canaccord Genuity Group cut their price objective on Real Matters from C$8.50 to C$8.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. ATB Capital lowered their price objective on Real Matters from C$12.00 to C$11.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$7.68.

Real Matters Stock Performance

REAL stock traded up C$0.33 during trading on Friday, hitting C$5.42. 66,940 shares of the company traded hands, compared to its average volume of 48,551. The stock's 50-day simple moving average is C$5.56 and its 200 day simple moving average is C$5.83. The company has a debt-to-equity ratio of 2.27, a current ratio of 4.68 and a quick ratio of 3.75. The company has a market cap of C$278.85 million, a PE ratio of 54.29, a P/E/G ratio of -59.18 and a beta of 0.86. Real Matters has a 1 year low of C$5.01 and a 1 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.