Analysts Set Real Matters Inc. (TSE:REAL) Target Price at C$8.64

Shares of Real Matters Inc. (TSE:REAL) have received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$8.64.

Separately, Cormark cut their price objective on shares of Real Matters from C$8.75 to C$7.50 in a report on Thursday, January 30th.

Real Matters Trading Down 0.2 %

TSE REAL opened at C$6.01 on Friday. The firm has a market cap of C$309.20 million, a PE ratio of 60.20, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46. The company has a quick ratio of 3.75, a current ratio of 4.68 and a debt-to-equity ratio of 2.27. The company has a 50 day moving average price of C$5.77 and a 200 day moving average price of C$6.56.

Insider Transactions at Real Matters

In other Real Matters news, Senior Officer Ryan Jacob Smith sold 10,752 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of C$5.76, for a total transaction of C$61,931.52. Also, Director Kay Brekken acquired 7,870 shares of Real Matters stock in a transaction on Monday, February 3rd. The shares were bought at an average price of C$6.10 per share, with a total value of C$48,004.64. Company insiders own 5.17% of the company’s stock.

Real Matters Company Profile

Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company’s platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S.