Cormark Has Lowered Expectations for Real Matters (TSE:REAL) Stock Price

Real Matters (TSE:REAL) had its price target cut by stock analysts at Cormark from C$8.75 to C$7.50 in a research note issued to investors on Thursday,BayStreet.CA reports. Cormark’s price objective points to a potential upside of 15.38% from the company’s current price.

A number of other research firms have also weighed in on REAL. Canaccord Genuity Group lowered their target price on Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. BMO Capital Markets cut their price objective on shares of Real Matters from C$7.50 to C$7.00 in a research report on Friday, November 22nd. Raymond James decreased their target price on shares of Real Matters from C$10.50 to C$9.00 in a research report on Friday, November 22nd. Finally, National Bankshares lifted their price target 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. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$8.64.

Real Matters Trading Down 1.5 %

Shares of Real Matters stock traded down C$0.10 on Thursday, hitting C$6.50. 47,131 shares of the company traded hands, compared to its average volume of 70,503. The company has a current ratio of 4.77, a quick ratio of 3.75 and a debt-to-equity ratio of 2.92. The company has a market cap of C$477.30 million, a PE ratio of 162.50, a PEG ratio of -59.18 and a beta of 0.86. The stock’s 50 day moving average price is C$6.75 and its 200-day moving average price is C$7.32. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46.

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.