Real Matters (TSE:REAL) Price Target Cut to C$7.50 by Analysts at Cormark

Real Matters (TSE:REAL) had its price target lowered by Cormark from C$8.75 to C$7.50 in a research note published on Thursday,BayStreet.CA reports.

Several other research analysts also recently commented on the company. BMO Capital Markets decreased their price objective on Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. National Bankshares increased their target price on Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Canaccord Genuity Group lowered their price target on Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. Finally, Raymond James reduced their price objective on shares of Real Matters from C$10.50 to C$9.00 in a research report on Friday, November 22nd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$8.64.

Real Matters Stock Down 5.2 %

REAL opened at C$6.26 on Thursday. The firm has a 50 day moving average price of C$6.75 and a 200-day moving average price of C$7.32. The stock has a market capitalization of C$459.67 million, a price-to-earnings ratio of 156.50, a PEG ratio of -59.18 and a beta of 0.86. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92. Real Matters has a twelve month low of C$4.95 and a twelve month high of C$9.46.

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.