Real Matters (TSE:REAL) Price Target Raised to C$9.00

Real Matters (TSE:REAL) had its target price boosted by TD Securities from C$8.50 to C$9.00 in a report published on Friday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

REAL has been the topic of several other reports. Canaccord Genuity Group lowered their price objective on shares of Real Matters from C$9.00 to C$7.00 and set a “buy” rating on the stock in a research note on Friday, August 1st. ATB Capital reduced their price target on Real Matters from C$11.00 to C$10.50 and set an “outperform” rating for the company in a report on Friday, August 1st. Raymond James Financial boosted their price target on Real Matters from C$7.50 to C$9.00 and gave the stock an “outperform” rating in a research report on Monday, September 15th. Finally, National Bankshares cut their price objective on Real Matters from C$6.50 to C$5.75 and set a “sector perform” rating for the company in a research report on Friday, August 1st. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$8.41.

Real Matters Price Performance

Shares of REAL opened at C$7.52 on Friday. The company has a current ratio of 4.68, a quick ratio of 3.75 and a debt-to-equity ratio of 2.27. The company’s fifty day simple moving average is C$6.49 and its 200 day simple moving average is C$5.99. Real Matters has a 1-year low of C$5.01 and a 1-year high of C$9.19. The company has a market cap of C$557.59 million, a price-to-earnings ratio of -125.85, a PEG ratio of -59.18 and a beta of 1.17.

About Real Matters

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.