Real Matters Inc (TSE:REAL) PT Lowered to C$14.50
Real Matters Inc (TSE:REAL) had its price objective dropped by stock analysts at TD Securities from C$15.50 to C$14.50 in a research report issued on Monday, StockTargetPrices.com reports. TD Securities’ target price would indicate a potential upside of 65.90% from the company’s current price.
REAL has been the subject of a number of other reports. BMO Capital Markets reaffirmed a “market perform” rating and set a C$14.00 price target on shares of Real Matters in a report on Tuesday, June 6th. Scotiabank lowered their price target on shares of Real Matters from C$14.00 to C$13.00 and set a “sector perform” rating for the company in a report on Monday. National Bank Financial reaffirmed an “outperform” rating and set a C$15.00 price target on shares of Real Matters in a report on Tuesday, July 11th. Canaccord Genuity reaffirmed a “buy” rating and set a C$16.00 price target on shares of Real Matters in a report on Tuesday, June 6th. Finally, Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a C$14.00 price target on shares of Real Matters in a report on Tuesday, July 18th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Real Matters currently has an average rating of “Buy” and an average target price of C$14.00.
Real Matters (TSE REAL) traded down 2.75% during mid-day trading on Monday, reaching $8.50. 4,695 shares of the company traded hands. The stock has a 50-day moving average of $11.24 and a 200 day moving average of $11.40. Real Matters has a 52-week low of $8.35 and a 52-week high of $15.00. The stock’s market capitalization is $741.63 million.
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Real Matters Company Profile
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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