Real Matters Inc. (TSE:REAL) Given Average Recommendation of “Hold” by Brokerages

Shares of Real Matters Inc. (TSE:REAL) have earned an average rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is C$7.36.

A number of analysts have commented on the company. ATB Capital boosted their price objective on Real Matters from C$9.00 to C$10.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. BMO Capital Markets upped their target price on Real Matters from C$5.50 to C$7.00 and gave the company a “market perform” rating in a report on Friday, February 2nd. TD Securities upped their target price on Real Matters from C$6.00 to C$7.00 and gave the company a “hold” rating in a report on Friday, February 2nd. Finally, Canaccord Genuity Group upped their target price on Real Matters from C$5.25 to C$6.50 and gave the company a “hold” rating in a report on Friday, February 2nd.

Real Matters Stock Up 3.2 %

REAL stock opened at C$6.19 on Friday. The stock’s 50 day simple moving average is C$6.37 and its 200 day simple moving average is C$5.99. Real Matters has a fifty-two week low of C$4.25 and a fifty-two week high of C$7.10. The company has a debt-to-equity ratio of 3.26, a quick ratio of 3.75 and a current ratio of 5.03. The company has a market cap of C$452.24 million, a P/E ratio of -68.78, a price-to-earnings-growth ratio of -59.18 and a beta of 0.69.

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.