Real Matters - REAL Stock Forecast, Price & News

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 and default transactions under the Solidifi brand to the mortgage lending industry; and insurance inspection services to property and casualty insurers under the iv3 brand. The company also provides residential and commercial real estate title and closing services for refinance, purchase, short sale, and real estate owned transactions to financial institutions under the Solidifi brand; and offers services required to close a mortgage transaction, including title search, curative, closing and escrow services, and title policy issuance, as well as other title services, such as capital markets services. In addition, it provides access to its software platforms to other title insurance agencies and mortgage lenders for a subscription fee. The company was formerly known as Solidifi Inc. and changed its name to Real Matters Inc. in July 2010. Real Matters Inc. was incorporated in 2004 and is headquartered in Markham, Canada.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on REAL shares. Cormark dropped their price objective on shares of Real Matters from C$10.00 to C$5.15 and set a "hold" rating for the company in a research report on Monday, July 25th. TD Securities cut their price target on Real Matters from C$6.00 to C$5.50 and set a "hold" rating on the stock in a research note on Friday, July 29th. National Bankshares dropped their price objective on Real Matters from C$8.00 to C$6.00 in a report on Tuesday, April 26th. Raymond James lowered their price target on shares of Real Matters from C$10.00 to C$6.50 and set an "outperform" rating for the company in a research report on Friday, April 29th. Finally, ATB Capital reduced their price objective on shares of Real Matters from C$11.50 to C$10.00 and set a "hold" rating on the stock in a research note on Friday, April 29th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Real Matters has an average rating of "Hold" and a consensus price target of C$6.99.

Real Matters Stock Up 1.4 %

Shares of Real Matters stock opened at C$5.85 on Friday. The firm has a market cap of C$425.77 million and a PE ratio of 17.73. The business's 50 day simple moving average is C$5.36 and its 200 day simple moving average is C$5.38. The company has a debt-to-equity ratio of 4.73, a quick ratio of 3.76 and a current ratio of 3.93. Real Matters has a 52-week low of C$4.18 and a 52-week high of C$13.12.