Real Matters Inc. (TSE:REAL) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Real Matters Inc. (TSE:REAL – Get Free Report) have received an average rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$7.43.

REAL has been the subject of several research reports. ATB Cormark Capital Markets lowered shares of Real Matters from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from C$8.00 to C$6.00 in a research report on Friday, July 31st. National Bank Financial reduced their target price on shares of Real Matters from C$7.50 to C$6.50 and set a “sector perform” rating on the stock in a report on Wednesday, May 27th. BMO Capital Markets decreased their target price on shares of Real Matters from C$7.00 to C$6.00 and set a “market perform” rating on the stock in a research report on Monday, May 4th. Raymond James Financial reduced their price objective on Real Matters from C$8.25 to C$7.50 and set an “outperform” rating on the stock in a research note on Friday, July 31st. Finally, TD reduced their price objective on Real Matters from C$9.00 to C$7.00 and set a “buy” rating on the stock in a research note on Friday, July 31st.

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Real Matters Stock Up 1.2%

Shares of REAL opened at C$4.91 on Wednesday. The company has a debt-to-equity ratio of 1.46, a current ratio of 113.51 and a quick ratio of 3.75. The stock has a market capitalization of C$364.75 million, a price-to-earnings ratio of -18.19, a price-to-earnings-growth ratio of -59.18 and a beta of 1.58. Real Matters has a 1 year low of C$4.72 and a 1 year high of C$8.00. The business’s 50 day simple moving average is C$5.10 and its 200-day simple moving average is C$5.66.

Real Matters (TSE:REAL – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported C$0.01 earnings per share for the quarter. Real Matters had a negative net margin of 10.07% and a negative return on equity of 21.48%. The firm had revenue of C$73.12 million during the quarter. As a group, equities analysts expect that Real Matters will post 0.1956803 earnings per share for the current fiscal year.

Real Matters Company Profile

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Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada.

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