Real Matters Inc (TSE:REAL) had its price objective dropped by BMO Capital Markets from C$14.00 to C$11.50 in a research report issued on Monday, reports. BMO Capital Markets’ price target indicates a potential upside of 31.58% from the company’s previous close.

Other equities analysts have also issued reports about the company. Canaccord Genuity reiterated a “buy” rating and set a C$16.00 price objective on shares of Real Matters in a research report on Tuesday, June 6th. Raymond James Financial, Inc. reiterated an “outperform” rating and set a C$14.00 price objective on shares of Real Matters in a research report on Tuesday, July 18th. National Bank Financial reiterated an “outperform” rating and set a C$15.00 price objective on shares of Real Matters in a research report on Tuesday, July 11th. Finally, Scotiabank set a C$14.00 price objective on Real Matters and gave the company a “sector perform” rating in a research report on Thursday, June 22nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Real Matters presently has a consensus rating of “Buy” and an average price target of C$14.00.

Shares of Real Matters (TSE REAL) traded down 2.75% during mid-day trading on Monday, hitting $8.50. The stock had a trading volume of 4,695 shares. The firm has a 50 day moving average price of $11.24 and a 200-day moving average price of $11.40. Real Matters has a 12 month low of $8.35 and a 12 month high of $15.00. The stock’s market cap is $741.63 million.

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About Real Matters

Real Matters Inc develops and provides network management solutions to mortgage lending and insurance industries in Canada and the United States. It offers residential mortgage appraisals for purchase, refinance, and home equity mortgage origination transactions under the Solidifi and Linear Title & Closing brands to the mortgage industry; insurance inspection services to property and casualty insurers under the iv3 brand; and residential and commercial real estate title, and closing services to home equity search market under the Southwest Financial Services brand.

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Analyst Recommendations for Real Matters (TSE:REAL)

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