Canaccord Genuity Group Raises Real Matters (TSE:REAL) Price Target to C$10.00

by · The Cerbat Gem

Real Matters (TSE:REAL – Free Report) had its price target increased by Canaccord Genuity Group from C$8.75 to C$10.00 in a report issued on Wednesday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Other equities analysts also recently issued reports about the company. Cormark raised their price target on Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. BMO Capital Markets raised their price objective on shares of Real Matters from C$6.50 to C$7.50 and gave the company a market perform rating in a research note on Friday, August 2nd. TD Securities upped their target price on shares of Real Matters from C$7.00 to C$8.50 in a research note on Friday, August 2nd. National Bankshares cut shares of Real Matters from an outperform rating to a sector perform rating and set a C$8.00 price target on the stock. in a report on Friday, August 2nd. Finally, ATB Capital boosted 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, August 2nd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of C$8.96.

Get Our Latest Stock Report on Real Matters

Real Matters Stock Up 1.0 %

Shares of Real Matters stock opened at C$9.15 on Wednesday. Real Matters has a 1 year low of C$4.43 and a 1 year high of C$9.46. The firm has a market cap of C$671.88 million, a price-to-earnings ratio of 228.75, a PEG ratio of -59.18 and a beta of 0.83. The company has a 50-day moving average of C$7.59 and a 200 day moving average of C$6.48. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75.

Insider Buying and Selling at Real Matters

In related news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the business’s stock in a transaction that occurred on 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 related news, Senior Officer Ryan Jacob Smith sold 91,703 shares of Real Matters stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$8.15, for a total transaction of C$747,351.94. Also, Director Kimberly Sue Montgomery sold 28,239 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of C$8.30, for a total transaction of C$234,383.70. Over the last quarter, insiders sold 148,661 shares of company stock valued at $1,231,591. Company insiders own 5.17% of the company’s stock.

Real Matters Company Profile

(Get Free Report)

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.

Featured Articles