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

Real Matters (TSE:REAL) had its price objective upped by equities researchers at National Bank Financial from C$8.00 to C$9.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s target price points to a potential upside of 6.01% from the company’s previous close.

REAL has been the topic of several other research reports. Raymond James upped their target price on Real Matters from C$6.00 to C$7.00 and gave the company an “outperform” rating in a research report on Friday, May 3rd. Canaccord Genuity upped their target price on Real Matters from C$6.00 to C$7.00 in a research report on Friday, May 3rd. BMO Capital Markets upped their target price on Real Matters from C$6.50 to C$9.00 in a research report on Thursday. TD Securities upped their target price on Real Matters from C$7.50 to C$10.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Cormark upgraded Real Matters from a “market perform” rating to a “buy” rating and upped their target price for the company from C$6.00 to C$7.00 in a research report on Friday, May 3rd.

Shares of REAL stock traded down C$0.11 on Thursday, hitting C$8.49. The company had a trading volume of 248,344 shares, compared to its average volume of 118,995. The stock has a market cap of $676.35 million and a price-to-earnings ratio of -163.27. The company’s 50-day moving average price is C$7.47. The company has a debt-to-equity ratio of 0.03, a quick ratio of 6.40 and a current ratio of 6.46. Real Matters has a twelve month low of C$2.95 and a twelve month high of C$9.04.

About Real Matters

Real Matters Inc develops and provides technology and network management solutions to mortgage lending and insurance industries in Canada and the United States. It offers residential mortgage appraisals for purchase, refinance, and home equity mortgage origination transactions under the Solidifi brand to the mortgage industry; and insurance inspection services to property and casualty insurers under the iv3 brand.

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