Real Matters Inc. (TSE:REAL – Get Free Report)’s stock price shot up 6.9% during mid-day trading on Tuesday . The company traded as high as C$5.35 and last traded at C$5.29. 59,806 shares were traded during mid-day trading, an increase of 1% from the average session volume of 59,436 shares. The stock had previously closed at C$4.95.
Analysts Set New Price Targets
Several equities research analysts have weighed in on REAL shares. ATB Capital upped their price target on Real Matters from C$9.00 to C$10.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. National Bankshares upgraded shares of Real Matters from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$6.50 to C$7.00 in a research note on Wednesday. Canaccord Genuity Group upgraded shares of Real Matters from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$6.50 to C$7.00 in a research note on Wednesday. TD Securities raised shares of Real Matters from a “hold” rating to a “buy” rating and set a C$7.00 price objective on the stock in a research report on Wednesday. Finally, BMO Capital Markets decreased their price objective on shares of Real Matters from C$7.00 to C$6.50 in a research report on Wednesday. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Real Matters presently has a consensus rating of “Moderate Buy” and an average price target of C$7.43.
View Our Latest Stock Analysis on Real Matters
Real Matters Stock Performance
Real Matters Company Profile
Real Matters Inc operates as a technology and network management company in Canada and the United States. It operates through three segments: U.S. Appraisal, U.S. Title, and Canada. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions to the mortgage lending industry, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand.
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