National Bank Financial Lowers Real Matters (TSE:REA) to Hold

National Bank Financial downgraded shares of Real Matters (TSE:REA) from a strong-buy rating to a hold rating in a research report report published on Thursday, Zacks.com reports.

Other research analysts have also recently issued reports about the stock. TD Securities upgraded shares of Real Matters from a hold rating to a strong-buy rating in a research report on Wednesday, May 8th. Canaccord Genuity Group raised shares of Real Matters from a hold rating to a strong-buy rating in a research note on Wednesday, May 8th.

Real Matters Price Performance

Real Matters (TSE:REA) last posted its quarterly earnings data on Tuesday, May 7th. The company reported C$0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.03) by C$0.06. The business had revenue of C$56.89 million for the quarter, compared to the consensus estimate of C$49.28 million.