National Bankshares Boosts Real Matters (TSE:REAL) Price Target to C$9.00

Real Matters (TSE:REAL) had its price target hoisted by investment analysts at National Bankshares from C$8.00 to C$9.00 in a research note issued on Thursday, BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price target suggests a potential upside of 19.68% from the company’s previous close.

Several other equities analysts have also commented on REAL. BMO Capital Markets boosted their price target on Real Matters from C$6.50 to C$7.50 and gave the stock a “market perform” rating in a research report on Friday, August 2nd. Raymond James boosted their price target on Real Matters from C$8.00 to C$10.50 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. ATB Capital boosted their price target on Real Matters from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. Cormark upped their target price on Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. Finally, TD Securities upped their target price on Real Matters from C$7.00 to C$8.50 in a research report on Friday, August 2nd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$9.32.

Real Matters Stock Down 6.8 %

Real Matters stock traded down C$0.55 during midday trading on Thursday, hitting C$7.52. 189,353 shares of the company were exchanged, compared to its average volume of 69,170. The company’s fifty day moving average price is C$8.18 and its 200-day moving average price is C$6.78. The company has a market cap of C$552.19 million, a PE ratio of 189.00, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75. Real Matters has a fifty-two week low of C$4.43 and a fifty-two week high of C$9.46.

Insider Buying and Selling at Real Matters

In other Real Matters news, Senior Officer Ryan Jacob Smith sold 91,703 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$8.15, for a total value of C$747,351.94. In related news, Director Loren Cooke sold 28,719 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$8.70, for a total transaction of C$249,855.30. Following the sale, the director now directly owns 114 shares of the company’s stock, valued at approximately C$991.80. This represents a 0.00 % decrease in their position. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of the stock in a transaction on Friday, September 13th. The stock was sold at an average price of C$8.15, for a total value of C$747,351.94. Insiders have sold a total of 182,112 shares of company stock valued at $1,541,016 in the last three months. Corporate insiders own 5.17% of the company’s stock.

Real Matters Company Profile

Real Matters Inc operates as a technology and network management company in Canada and the United States. It operates through three segments: U.S. Appraisal, U.S. Title, and Canada. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions to the mortgage lending industry, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand.