Real Matters (TSE:REAL) Price Target Raised to C$7.50

Real Matters (TSE:REAL) had its target price upped by equities researchers at National Bank Financial from C$7.00 to C$7.50 in a research note issued on Monday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price objective indicates a potential upside of 28.42% from the company’s previous close.

Real Matters Stock Performance

TSE:REAL remained flat at C$5.84 during trading hours on Monday. The company’s stock had a trading volume of 42,760 shares, compared to its average volume of 80,716. The company has a 50-day moving average price of C$5.84 and a 200-day moving average price of C$6.28. The firm has a market capitalization of C$433.84 million, a P/E ratio of -14.97, a PEG ratio of -59.18 and a beta of 1.19. The company has a debt-to-equity ratio of 1.41, a current ratio of 111.56 and a quick ratio of 3.75. 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 released its quarterly earnings data on Friday, May 1st. The company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$65.68 million during the quarter. Real Matters had a negative return on equity of 26.40% and a negative net margin of 13.58%. As a group, analysts predict that Real Matters will post 0.1956803 EPS for the current fiscal year.

Real Matters Company Profile

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.