Real Matters Inc. (TSE:REAL) Receives Average Rating of “Moderate Buy” from Analysts

Real Matters Inc. (TSE:REAL) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$8.64.

A number of equities analysts have recently commented on the stock. Canaccord Genuity Group reduced their price objective on shares of Real Matters from C$10.00 to C$8.50 in a research note on Friday, November 22nd. Cormark reduced their price target on Real Matters from C$8.75 to C$7.50 in a research report on Thursday, January 30th. BMO Capital Markets lowered their price target on Real Matters from C$7.50 to C$7.00 in a research report on Friday, November 22nd. Finally, Raymond James dropped their price objective on Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd.

Real Matters Stock Down 1.0 %

Real Matters stock opened at C$5.70 on Friday. The company has a current ratio of 4.68, a quick ratio of 3.75 and a debt-to-equity ratio of 2.27. Real Matters has a 1-year low of C$4.95 and a 1-year high of C$9.46. The company has a fifty day simple moving average of C$6.35 and a 200 day simple moving average of C$7.18. The company has a market cap of C$293.25 million, a P/E ratio of 57.09, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86.

Insiders Place Their Bets

In related news, Director Kay Brekken acquired 7,870 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was purchased at an average cost of C$6.10 per share, for a total transaction of C$48,004.64. Also, Senior Officer Ryan Jacob Smith sold 10,752 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of C$5.76, for a total value of C$61,931.52. Company insiders own 5.17% of the company’s stock.

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.