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

Shares of Real Matters Inc. (TSE:REAL) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$8.38.

Several analysts have issued reports on REAL shares. Raymond James Financial dropped their price target on Real Matters from C$9.00 to C$8.25 and set an “outperform” rating on the stock in a research note on Monday, May 4th. National Bank Financial dropped their price target on Real Matters from C$7.50 to C$6.50 and set a “sector perform” rating on the stock in a research note on Wednesday, May 27th. Finally, BMO Capital Markets dropped their price target on Real Matters from C$7.00 to C$6.00 and set a “market perform” rating on the stock in a research note on Monday, May 4th.

Real Matters Stock Performance

REAL stock opened at C$5.15 on Friday. The business’s 50-day moving average price is C$5.68 and its two-hundred day moving average price is C$6.04. The company has a current ratio of 111.56, a quick ratio of 3.75 and a debt-to-equity ratio of 1.41. The firm has a market cap of C$382.58 million, a PE ratio of -15.15, a P/E/G ratio of -59.18 and a beta of 1.62. Real Matters has a 1-year low of C$5.01 and a 1-year high of C$8.00.

Real Matters (TSE:REAL) last posted its earnings results on Friday, May 1st. The company reported C$0.01 earnings per share for the quarter. Real Matters had a negative return on equity of 26.40% and a negative net margin of 13.58%.The firm had revenue of C$65.68 million for the quarter. As a group, research analysts forecast that Real Matters will post 0.1956803 earnings per share for the current year.

About Real Matters

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.