Cormark Analysts Give Real Matters (TSE:REAL) a C$15.40 Price Target

Last updated on Monday, July 26, 2021 | 2021 MarketBeat

Real Matters (TSE:REAL) has been given a C$15.40 target price by analysts at Cormark in a report released on Monday, Analyst Ratings Network reports. Cormark's price objective suggests a potential downside of 0.06% from the stock's current price.

A number of other brokerages also recently commented on REAL. TD Securities dropped their price objective on shares of Real Matters from C$30.00 to C$22.00 and set a "buy" rating on the stock in a research report on Thursday, April 29th. Scotiabank dropped their target price on Real Matters from C$24.00 to C$22.00 in a report on Thursday, April 29th. BMO Capital Markets set a C$18.00 price target on Real Matters in a report on Friday. National Bankshares increased their price objective on Real Matters from C$15.68 to C$35.00 and gave the company an "outperform" rating in a report on Thursday. Finally, Raymond James restated an "outperform" rating and set a C$25.00 target price on shares of Real Matters in a research note on Monday, July 19th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Real Matters presently has an average rating of "Buy" and an average price target of C$27.10.

Shares of TSE:REAL traded up C$0.02 during trading on Monday, hitting C$15.41. The company's stock had a trading volume of 333,924 shares, compared to its average volume of 503,085. The stock has a market cap of C$1.27 billion and a P/E ratio of 29.90. The company has a debt-to-equity ratio of 4.15, a current ratio of 5.08 and a quick ratio of 5.03. Real Matters has a fifty-two week low of C$13.87 and a fifty-two week high of C$33.01. The firm's 50 day simple moving average is C$16.87.

In related news, Director Jason Smith sold 3,000 shares of the company's stock in a transaction that occurred on Friday, April 30th. The stock was sold at an average price of C$16.57, for a total value of C$49,722.90. Following the sale, the director now owns 2,668,384 shares in the company, valued at approximately C$44,226,596.93. Also, Senior Officer Ryan Jacob Smith sold 65,211 shares of Real Matters stock in a transaction on Friday, May 21st. The stock was sold at an average price of C$16.72, for a total value of C$1,090,256.19. Insiders sold a total of 133,211 shares of company stock worth $2,272,946 in the last ninety days.

About Real Matters

Real Matters Inc provides technology and network management solutions to mortgage lending and insurance industries in Canada and the United States. It offers residential mortgage appraisals for purchase, refinance, and home equity transactions under the Solidifi brand to the mortgage lending industry; and insurance inspection services to property and casualty insurers under the iv3 brand.

Featured Story: Buy Rating

Analyst Recommendations for Real Matters (TSE:REAL)

Featured Article: Why are percentage gainers important?


7 Reddit Stocks That Have a Chance to Be Special

As a conservative investor, I have a grudging admiration for the small army of retail traders that are making their dreams come true. I’m talking, of course, about the group of day traders who have made a habit of finding low-priced stocks (particularly those with high short interest) and attempting to send them “to the moon.”

They are called meme stocks, casino stocks, or Reddit stocks (named for the website where some of these traders congregate). It all means the same thing. And as much as I say I admire the traders who have profited from these stocks, I do it from a safe distance.

Many of these stocks were penny stocks. And they were penny stocks for a reason. No amount of speculative rocket fuel is going to change that. But if you look at some of these stocks as objectively as possible, there may be hope.

And in this special presentation, we’re going to look at seven Reddit stocks that might just have a chance to have a life beyond this current mania phase.

View the "7 Reddit Stocks That Have a Chance to Be Special".


MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.