Real Matters (TSE:REAL) Stock Price Expected to Rise, TD Securities Analyst Says

Key Points

• TD Securities has raised the price target for Real Matters from C$8.50 to C$9.00, indicating a potential upside of 19.68% from the current price, alongside maintaining a "buy" rating.
• Other analysts have varied price targets, with Raymond James adjusting their price to C$9.00 (outperform) and ATB Capital lowering to C$10.50, reflecting differing outlooks among market experts.
• Real Matters has experienced a recent uptick in stock price, trading at C$7.52, with a market capitalization of C$557.59 million.

Real Matters (TSE:REAL - Get Free Report) had its price target raised by stock analysts at TD Securities from C$8.50 to C$9.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. TD Securities' target price indicates a potential upside of 19.68% from the stock's current price.

Several other equities analysts have also recently commented on REAL. Raymond James Financial boosted their target price on shares of Real Matters from C$7.50 to C$9.00 and gave the company an "outperform" rating in a research report on Monday, September 15th. ATB Capital lowered their price objective on shares of Real Matters from C$11.00 to C$10.50 and set an "outperform" rating for the company in a research report on Friday, August 1st. Canaccord Genuity Group decreased their price target on shares of Real Matters from C$9.00 to C$7.00 and set a "buy" rating for the company in a research report on Friday, August 1st. Finally, National Bankshares reduced their price objective on shares of Real Matters from C$6.50 to C$5.75 and set a "sector perform" rating on the stock in a research note on Friday, August 1st. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Real Matters currently has a consensus rating of "Moderate Buy" and a consensus target price of C$8.41.

Real Matters Trading Up 2.2%

Shares of TSE REAL traded up C$0.16 during midday trading on Friday, reaching C$7.52. 31,374 shares of the stock were exchanged, compared to its average volume of 55,107. The company has a debt-to-equity ratio of 2.27, a current ratio of 4.68 and a quick ratio of 3.75. Real Matters has a 12 month low of C$5.01 and a 12 month high of C$9.19. The business has a 50-day simple moving average of C$6.45 and a two-hundred day simple moving average of C$5.97. The company has a market capitalization of C$557.59 million, a price-to-earnings ratio of -125.85, a P/E/G ratio of -59.18 and a beta of 1.25.

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.

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