Real Matters Inc. (TSE:REAL) Receives C$8.54 Average Target Price from Analysts

Real Matters Inc. (TSE:REAL) has been given an average recommendation of “Moderate Buy” by the six analysts that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$8.54.

Several research analysts recently commented on REAL shares. National Bank Financial raised their price target on shares of Real Matters from C$7.00 to C$7.50 and gave the company a “sector perform” rating in a report on Monday, May 4th. BMO Capital Markets cut their price target on shares of Real Matters from C$7.00 to C$6.00 and set a “market perform” rating on the stock in a report on Monday, May 4th. Finally, Raymond James Financial cut their price target on shares of Real Matters from C$9.00 to C$8.25 and set an “outperform” rating on the stock in a report on Monday, May 4th.

Real Matters Stock Performance

TSE REAL opened at C$5.90 on Monday. Real Matters has a one year low of C$5.01 and a one year high of C$8.00. The company’s 50 day moving average price is C$5.83 and its 200 day moving average price is C$6.25. The company has a debt-to-equity ratio of 1.41, a quick ratio of 3.75 and a current ratio of 111.56. The firm has a market capitalization of C$438.29 million, a price-to-earnings ratio of -17.35, a PEG ratio of -59.18 and a beta of 1.19.

Real Matters (TSE:REAL) last posted its quarterly earnings results on Friday, May 1st. The company reported C$0.01 EPS for the quarter. Real Matters had a negative net margin of 13.58% and a negative return on equity of 26.40%. The firm had revenue of C$65.68 million for the quarter. On average, sell-side analysts predict that Real Matters will post 0.1956803 EPS for the current year.

Real Matters Company Profile

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada.