BMO Capital Markets Increases Real Matters (TSE:REAL) Price Target to C$7.50

Real Matters (TSE:REAL) had its price target raised by BMO Capital Markets from C$6.50 to C$7.50 in a research report released on Friday morning, BayStreet.CA reports. They currently have a market perform rating on the stock.

A number of other equities research analysts have also recently issued reports on the company. National Bankshares upgraded Real Matters from a sector perform rating to an outperform rating and boosted their price objective for the stock from C$6.50 to C$7.00 in a report on Wednesday, May 8th. Canaccord Genuity Group upgraded Real Matters from a hold rating to a buy rating and boosted their price target for the company from C$6.50 to C$7.00 in a research note on Wednesday, May 8th. ATB Capital boosted their price target on Real Matters from C$10.00 to C$11.00 and gave the company an outperform rating in a research note on Friday. Finally, TD Securities upgraded Real Matters from a hold rating to a buy rating and set a C$7.00 price target for the company in a research note on Wednesday, May 8th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Real Matters has a consensus rating of Moderate Buy and a consensus price target of C$8.38.

Real Matters Trading Down 4.4 %

Shares of TSE:REAL opened at C$7.03 on Friday. Real Matters has a 12-month low of C$4.43 and a 12-month high of C$7.78. The stock has a market cap of C$513.61 million, a PE ratio of -59.30, a P/E/G ratio of -59.18 and a beta of 0.71. The business has a 50 day moving average of C$6.39 and a 200-day moving average of C$6.15. The company has a quick ratio of 3.75, a current ratio of 4.28 and a debt-to-equity ratio of 3.29.

Insiders Place Their Bets

In other Real Matters news, Director Karen Lynne Martin bought 8,000 shares of the business’s stock in a transaction on Friday, May 17th. The stock was purchased at an average cost of C$5.94 per share, for a total transaction of C$47,514.40. Corporate insiders own 4.55% of the company’s stock.

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.