Real Matters Inc. (TSE:REAL) Given Average Rating of “Moderate Buy” by Brokerages

Real Matters Inc. (TSE:REAL) has received an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$8.82.

A number of equities analysts have commented on REAL shares. Raymond James dropped their target price on shares of Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd. Canaccord Genuity Group reduced their price objective on Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. BMO Capital Markets decreased their target price on Real Matters from C$7.50 to C$7.00 in a research report on Friday, November 22nd. Cormark increased their price target on Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. Finally, National Bankshares lifted their price objective on Real Matters from C$8.00 to C$9.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th.

Insider Activity at Real Matters

In other news, Director Kay Brekken purchased 5,600 shares of the company’s stock in a transaction on Friday, September 27th. The shares were acquired at an average price of C$8.97 per share, for a total transaction of C$50,239.84. Also, Director Loren Cooke sold 28,719 shares of the stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$8.70, for a total value of C$249,855.30. Following the completion of the transaction, the director now directly owns 114 shares in the company, valued at C$991.80. This represents a 99.60 % decrease in their ownership of the stock. 5.17% of the stock is currently owned by corporate insiders.

Real Matters Stock Up 0.5 %

Shares of TSE:REAL opened at C$6.53 on Friday. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75. The business has a 50 day simple moving average of C$7.40 and a two-hundred day simple moving average of C$7.16. Real Matters has a 1 year low of C$4.95 and a 1 year high of C$9.46. The firm has a market capitalization of C$479.50 million, a PE ratio of 163.25, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86.

About Real Matters

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.