Real Matters (TSE:REAL) had its target price raised by Canaccord Genuity from C$7.00 to C$10.00 in a research report sent to investors on Thursday morning, BayStreet.CA reports.
Other analysts have also issued reports about the stock. National Bank Financial raised their price target on shares of Real Matters from C$8.00 to C$9.00 and gave the stock a sector perform rating in a research report on Thursday. Raymond James raised their price target on shares of Real Matters from C$6.00 to C$7.00 and gave the stock an outperform rating in a research report on Friday, May 3rd. TD Securities raised their price target on shares of Real Matters from C$7.50 to C$10.00 and gave the stock a buy rating in a research report on Thursday. BMO Capital Markets raised their price target on shares of Real Matters from C$6.50 to C$9.00 in a research report on Thursday. Finally, Cormark upgraded shares of Real Matters from a market perform rating to a buy rating and raised their price target for the stock from C$6.00 to C$7.00 in a research report on Friday, May 3rd.
TSE REAL traded up C$0.16 during midday trading on Thursday, hitting C$8.70. The company had a trading volume of 310,616 shares, compared to its average volume of 120,822. The company has a debt-to-equity ratio of 0.03, a quick ratio of 6.40 and a current ratio of 6.46. The firm has a market cap of $676.35 million and a PE ratio of -167.69. The stock has a fifty day moving average of C$7.51. Real Matters has a fifty-two week low of C$2.95 and a fifty-two week high of C$9.04.
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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