Real Matters (TSE:REAL) Upgraded to Buy at TD Securities

TD Securities upgraded shares of Real Matters (TSE:REAL) from a hold rating to a buy rating in a report released on Wednesday morning, BayStreet.CA reports. They currently have C$7.00 price objective on the stock.

A number of other equities research analysts also recently issued reports on the company. Canaccord Genuity Group increased their price target on Real Matters from C$5.25 to C$6.50 and gave the stock a hold rating in a research report on Friday, February 2nd. ATB Capital increased their target price 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. Finally, BMO Capital Markets dropped their price target on Real Matters from C$7.00 to C$6.50 in a research note on Wednesday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Real Matters presently has a consensus rating of Moderate Buy and a consensus target price of C$7.43.

Real Matters Stock Up 2.2 %

Shares of REAL 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. Real Matters has a 12 month low of C$4.43 and a 12 month high of C$7.10. The firm’s 50 day moving average is C$5.77 and its 200-day moving average is C$5.89. The stock has a market capitalization of C$407.67 million, a PE ratio of -55.80, a P/E/G ratio of -59.18 and a beta of 0.68.

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.