BMO Capital Markets Increases Real Matters (TSE:REAL) Price Target to C$7.50

Real Matters (TSE:REAL) had its target price increased by BMO Capital Markets from C$6.50 to C$7.50 in a report issued on Friday morning, BayStreet.CA reports. They currently have a market perform rating on the stock.

Other research analysts have also recently issued reports about the stock. National Bankshares upgraded shares of Real Matters from a sector perform rating to an outperform rating and lifted their price objective for the company from C$6.50 to C$7.00 in a report on Wednesday, May 8th. ATB Capital lifted their price objective on shares of Real Matters from C$10.00 to C$11.00 and gave the company an outperform rating in a report on Friday. Canaccord Genuity Group upgraded shares of Real Matters from a hold rating to a buy rating and boosted their price target for the stock from C$6.50 to C$7.00 in a report on Wednesday, May 8th. Finally, TD Securities upgraded shares of Real Matters from a hold rating to a buy rating and set a C$7.00 price target on the stock in a report on Wednesday, May 8th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average target price of C$8.38.

Real Matters Stock Down 4.4 %

Shares of TSE REAL opened at C$7.03 on Friday. The stock has a market capitalization of C$513.61 million, a P/E ratio of -59.30, a P/E/G ratio of -59.18 and a beta of 0.71. The company has a 50-day moving average price of C$6.39 and a 200-day moving average price of C$6.15. Real Matters has a 1 year low of C$4.43 and a 1 year high of C$7.78. The company has a debt-to-equity ratio of 3.29, a current ratio of 4.28 and a quick ratio of 3.75.

Insider Buying and Selling at Real Matters

In other Real Matters news, Director Karen Lynne Martin purchased 8,000 shares of the stock in a transaction dated Friday, May 17th. The shares were bought at an average price of C$5.94 per share, with a total value of C$47,514.40. Corporate insiders own 4.55% 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.