Canaccord Genuity Group Boosts Real Matters (TSE:REAL) Price Target to C$8.75

Real Matters (TSE:REALFree Report) had its price target boosted by Canaccord Genuity Group from C$7.00 to C$8.75 in a research note released on Friday morning, BayStreet.CA reports. Canaccord Genuity Group currently has a buy rating on the stock.

Other analysts have also recently issued research reports about the stock. ATB Capital increased their price objective on shares of Real Matters from C$10.00 to C$11.00 and gave the stock an outperform rating in a report on Friday. BMO Capital Markets increased their price objective on shares of Real Matters from C$6.50 to C$7.50 and gave the stock a market perform rating in a report on Friday. National Bankshares cut shares of Real Matters from an outperform rating to a sector perform rating and set a C$8.00 price objective on the stock. in a report on Friday. Finally, TD Securities raised shares of Real Matters from a hold rating to a buy rating and set a C$7.00 price objective on the stock in a report on Wednesday, May 8th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Real Matters presently has an average rating of Moderate Buy and an average price target of C$8.38.

Check Out Our Latest Analysis on Real Matters

Real Matters Trading Down 4.4 %

Real Matters stock opened at C$7.03 on Friday. The firm’s 50-day moving average is C$6.39 and its 200-day moving average is C$6.15. The company has a debt-to-equity ratio of 3.29, a quick ratio of 3.75 and a current ratio of 4.28. Real Matters has a 1 year low of C$4.43 and a 1 year high of C$7.78. The company has a market cap of C$513.61 million, a P/E ratio of -59.30, a PEG ratio of -59.18 and a beta of 0.71.

Insider Buying and Selling at Real Matters

In related news, Director Karen Lynne Martin bought 8,000 shares of the stock in a transaction on Friday, May 17th. The shares were purchased at an average price of C$5.94 per share, with a total value of C$47,514.40. 4.55% of the stock is owned by corporate insiders.

About Real Matters

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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.

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