National Bank Financial Downgrades Real Matters (TSE:REA) to Hold

National Bank Financial downgraded shares of Real Matters (TSE:REA) from a strong-buy rating to a hold rating in a research report report published on Thursday, Zacks.com reports.

Other equities research analysts have also issued reports about the stock. TD Securities raised shares of Real Matters from a hold rating to a strong-buy rating in a report on Wednesday, May 8th. Canaccord Genuity Group upgraded shares of Real Matters from a hold rating to a strong-buy rating in a research report on Wednesday, May 8th.

Real Matters Stock Performance

Real Matters (TSE:REA) last released its quarterly earnings results on Tuesday, May 7th. The company reported C$0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.03) by C$0.06. The company had revenue of C$56.89 million for the quarter, compared to the consensus estimate of C$49.28 million.