Real Matters (TSE:REAL) PT Raised to C$10.00

Real Matters (TSE:REAL) had its price objective raised by Canaccord Genuity Group from C$8.75 to C$10.00 in a research report released on Wednesday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently commented on REAL. TD Securities lifted their price objective on shares of Real Matters from C$7.00 to C$8.50 in a research note on Friday, August 2nd. BMO Capital Markets lifted their price target on Real Matters from C$6.50 to C$7.50 and gave the stock a market perform rating in a research report on Friday, August 2nd. ATB Capital upped their price objective on Real Matters from C$10.00 to C$11.00 and gave the company an outperform rating in a research report on Friday, August 2nd. National Bankshares cut Real Matters from an outperform rating to a sector perform rating and set a C$8.00 target price for the company. in a report on Friday, August 2nd. Finally, Cormark boosted their target price on Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of Moderate Buy and an average price target of C$8.96.

Real Matters Trading Up 1.0 %

REAL stock opened at C$9.15 on Wednesday. The firm has a fifty day moving average price of C$7.59 and a 200 day moving average price of C$6.48. Real Matters has a fifty-two week low of C$4.43 and a fifty-two week high of C$9.46. The firm has a market cap of C$671.88 million, a PE ratio of 228.75, a price-to-earnings-growth ratio of -59.18 and a beta of 0.83. The company has a debt-to-equity ratio of 2.92, a quick ratio of 3.75 and a current ratio of 4.77.

Insider Buying and Selling

In related news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$8.15, for a total transaction of C$747,351.94. In other news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$8.15, for a total value of C$747,351.94. Also, Director Loren Cooke sold 28,719 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of C$8.70, for a total transaction of C$249,855.30. Following the completion of the transaction, the director now directly owns 114 shares in the company, valued at approximately C$991.80. Insiders have sold 148,661 shares of company stock valued at $1,231,591 in the last ninety days. 5.17% 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.