Real Matters (TSE:REAL) Given New C$7.00 Price Target at BMO Capital Markets

Real Matters (TSE:REAL) had its price target boosted by research analysts at BMO Capital Markets from C$6.00 to C$7.00 in a research note issued on Monday,BayStreet.CA reports. BMO Capital Markets’ price target would suggest a potential upside of 16.09% from the stock’s previous close.

Several other equities analysts have also recently weighed in on REAL. National Bankshares increased their price objective on shares of Real Matters from C$5.75 to C$7.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 23rd. TD Securities increased their price target on Real Matters from C$8.50 to C$9.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Raymond James Financial increased their price target on Real Matters from C$7.50 to C$9.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. Canaccord Genuity Group increased their price target on Real Matters from C$7.00 to C$10.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Finally, ATB Capital decreased their price objective on shares of 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. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Real Matters currently has an average rating of “Moderate Buy” and a consensus target price of C$8.57.

Real Matters Trading Down 3.4%

TSE:REAL traded down C$0.21 during trading hours on Monday, hitting C$6.03. The company had a trading volume of 23,073 shares, compared to its average volume of 54,498. The stock has a 50-day moving average price of C$7.11 and a 200 day moving average price of C$6.27. The company has a debt-to-equity ratio of 2.27, a current ratio of 4.68 and a quick ratio of 3.75. The company has a market capitalization of C$447.66 million, a PE ratio of -19.45, a price-to-earnings-growth ratio of -59.18 and a beta of 1.26. Real Matters has a 52 week low of C$5.01 and a 52 week high of C$8.00.

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.