Real Matters (TSE:REAL) Price Target Lowered to C$6.50 at BMO Capital Markets

Real Matters (TSE:REAL) had its target price cut by BMO Capital Markets from C$7.00 to C$6.50 in a research note published on Wednesday, BayStreet.CA reports.

Several other equities analysts also recently issued reports on REAL. 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 research report on Friday, February 2nd. ATB Capital increased their price objective on Real Matters from C$9.00 to C$10.00 and gave the company an outperform rating in a report on Friday, February 2nd. Finally, TD Securities lifted their target price on Real Matters from C$6.00 to C$7.00 and gave the stock a hold rating in a report on Friday, February 2nd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus target price of C$7.43.

Real Matters Stock Performance

Shares of REAL stock opened at C$5.58 on Wednesday. The company has a current ratio of 5.03, a quick ratio of 3.75 and a debt-to-equity ratio of 3.26. The company has a market cap of C$407.67 million, a PE ratio of -55.80, a PEG ratio of -59.18 and a beta of 0.68. Real Matters has a 12-month low of C$4.43 and a 12-month high of C$7.10. The business’s fifty day simple moving average is C$5.77 and its 200-day simple moving average is C$5.89.

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.