Real Matters (TSE:REAL) Lowered to “Sector Perform” at National Bankshares

National Bankshares downgraded shares of Real Matters (TSE:REAL) from an outperform rating to a sector perform rating in a report published on Friday morning, BayStreet.CA reports. They currently have C$8.00 price objective on the stock.

A number of other brokerages also recently commented on REAL. BMO Capital Markets increased their price objective on shares of Real Matters from C$6.50 to C$7.50 and gave the company a market perform rating in a research report on Friday. ATB Capital increased their price objective on shares of Real Matters from C$10.00 to C$11.00 and gave the company an outperform rating in a research report on Friday. Canaccord Genuity Group raised shares of Real Matters from a hold rating to a buy rating and increased their price objective for the company from C$6.50 to C$7.00 in a research report on Wednesday, May 8th. Finally, 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, May 8th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average price target of C$8.38.

Real Matters Price Performance

Shares of REAL opened at C$7.03 on Friday. Real Matters has a fifty-two week low of C$4.43 and a fifty-two week high of C$7.78. The firm’s 50 day moving average price is C$6.39 and its 200 day moving average price is C$6.15. The company has a market cap of C$513.61 million, a P/E ratio of -59.30, a PEG ratio of -59.18 and a beta of 0.71. The company has a quick ratio of 3.75, a current ratio of 4.28 and a debt-to-equity ratio of 3.29.

Insider Buying and Selling

In other news, Director Karen Lynne Martin bought 8,000 shares of Real Matters stock in a transaction dated Friday, May 17th. The stock was bought at an average price of C$5.94 per share, for a total transaction of C$47,514.40. 4.55% of the stock is owned by company insiders.

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.