Real Matters (TSE:REAL) Downgraded by National Bankshares

National Bankshares lowered shares of Real Matters (TSE:REAL) from an outperform rating to a sector perform rating in a research note published on Friday morning, BayStreet.CA reports. They currently have C$8.00 target price on the stock.

Several other equities analysts have also recently issued reports on REAL. Canaccord Genuity Group upgraded shares of Real Matters from a hold rating to a buy rating and boosted their price target for the company from C$6.50 to C$7.00 in a research report on Wednesday, May 8th. BMO Capital Markets boosted their price target on shares of Real Matters from C$6.50 to C$7.50 and gave the company a market perform rating in a research report on Friday. ATB Capital boosted their price target on shares of Real Matters from C$10.00 to C$11.00 and gave the company an outperform rating in a research report on Friday. Finally, TD Securities upgraded shares of Real Matters from a hold rating to a buy rating and set a C$7.00 price objective on the stock in a report on Wednesday, May 8th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Real Matters currently has an average rating of Moderate Buy and a consensus target price of C$8.38.

Real Matters Price Performance

REAL stock opened at C$7.03 on Friday. The firm’s 50-day moving average price is C$6.39 and its two-hundred day moving average price is C$6.15. Real Matters has a 12-month low of C$4.43 and a 12-month high of C$7.78. The stock has a market capitalization of C$513.61 million, a price-to-earnings ratio of -59.30, a PEG ratio of -59.18 and a beta of 0.71. The company has a current ratio of 4.28, a quick ratio of 3.75 and a debt-to-equity ratio of 3.29.

Insider Transactions at Real Matters

In other news, Director Karen Lynne Martin bought 8,000 shares of the company’s stock in a transaction dated Friday, May 17th. The shares were purchased at an average price of C$5.94 per share, for a total transaction of C$47,514.40. Insiders own 4.55% of the company’s stock.

Real Matters Company Profile

Real Matters Inc operates as a technology and network management company in Canada and the United States. It operates through three segments: U.S. Appraisal, U.S. Title, and Canada. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions to the mortgage lending industry, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand.