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

Shares of Real Matters Inc. (TSE:REAL) have earned 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 recommendation and four have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$8.82.

Several research firms have recently weighed in on REAL. Raymond James dropped their price objective on shares of Real Matters from C$10.50 to C$9.00 in a report on Friday, November 22nd. Canaccord Genuity Group dropped their price objective on shares of Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. National Bankshares raised their price objective on shares of Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Finally, BMO Capital Markets dropped their price objective on shares of Real Matters from C$7.50 to C$7.00 in a report on Friday, November 22nd.

Real Matters Stock Performance

TSE REAL opened at C$7.00 on Thursday. The firm has a market cap of C$514.01 million, a price-to-earnings ratio of 175.00, a PEG ratio of -59.18 and a beta of 0.86. The company has a 50 day moving average of C$6.79 and a 200-day moving average of C$7.29. The company has a current ratio of 4.77, a quick ratio of 3.75 and a debt-to-equity ratio of 2.92. Real Matters has a 1-year low of C$4.95 and a 1-year high of C$9.46.

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.