Real Matters (TSE:REAL) Given New C$9.00 Price Target at National Bankshares

Real Matters (TSE:REAL) had its target price raised by National Bankshares from C$8.00 to C$9.00 in a report released on Thursday morning, BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other equities research analysts have also weighed in on the company. ATB Capital boosted their target price on Real Matters from C$10.00 to C$11.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. Raymond James increased their price objective on Real Matters from C$8.00 to C$10.50 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Canaccord Genuity Group lifted their target price on shares of Real Matters from C$8.75 to C$10.00 and gave the stock a “buy” rating in a research note on Wednesday, September 25th. TD Securities increased their price target on shares of Real Matters from C$7.00 to C$8.50 in a research report on Friday, August 2nd. Finally, Cormark increased their price target on shares of Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Real Matters presently has a consensus rating of “Moderate Buy” and an average target price of C$9.32.

Real Matters Price Performance

Shares of TSE:REAL opened at C$7.68 on Thursday. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92. The stock has a market cap of C$563.94 million, a PE ratio of 192.00, a PEG ratio of -59.18 and a beta of 0.86. The company’s fifty day moving average is C$8.18 and its 200 day moving average is C$6.78. Real Matters has a 52 week low of C$4.43 and a 52 week high of C$9.46.

Insider Transactions at Real Matters

In other news, Director Frank Vincent Mcmahon sold 33,451 shares of the firm’s stock in a transaction dated Monday, September 30th. The shares were sold at an average price of C$9.25, for a total value of C$309,425.10. In related news, Director Frank Vincent Mcmahon sold 33,451 shares of the stock in a transaction dated Monday, September 30th. The shares were sold at an average price of C$9.25, for a total value of C$309,425.10. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of the stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$8.15, for a total transaction of C$747,351.94. In the last ninety days, insiders sold 182,112 shares of company stock valued at $1,541,016. Company insiders own 5.17% of the company’s stock.

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.