Real Matters Inc. (TSE:REAL) Receives Consensus Rating of “Moderate Buy” from Analysts

Real Matters Inc. (TSE:REAL) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$8.38.

REAL has been the topic of several recent research reports. National Bank Financial lowered their price target on shares of Real Matters from C$7.50 to C$6.50 and set a “sector perform” rating on the stock in a research report on Wednesday, May 27th. Raymond James Financial lowered their price target on shares of Real Matters from C$9.00 to C$8.25 and set an “outperform” rating on the stock in a research report on Monday, May 4th. Finally, BMO Capital Markets lowered their price target on shares of Real Matters from C$7.00 to C$6.00 and set a “market perform” rating on the stock in a research report on Monday, May 4th.

Real Matters Trading Down 3.2%

Shares of REAL opened at C$5.11 on Tuesday. Real Matters has a 52-week low of C$5.01 and a 52-week high of C$8.00. The company has a quick ratio of 3.75, a current ratio of 111.56 and a debt-to-equity ratio of 1.41. The firm’s fifty day moving average is C$5.56 and its two-hundred day moving average is C$5.95. The stock has a market cap of C$379.61 million, a PE ratio of -15.03, a price-to-earnings-growth ratio of -59.18 and a beta of 1.62.

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