Real Matters (REAL) Price Target Cut to C$13.50

Real Matters (TSE:REAL) had its price objective decreased by research analysts at TD Securities from C$14.50 to C$13.50 in a report released on Wednesday. The brokerage presently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 111.60% from the company’s previous close.

Several other analysts have also recently commented on the stock. Raymond James decreased their price target on shares of Real Matters from C$14.00 to C$10.00 and set an “outperform” rating for the company in a report on Wednesday. BMO Capital Markets decreased their price target on shares of Real Matters from C$11.50 to C$8.00 in a report on Wednesday. National Bank Financial decreased their price target on shares of Real Matters from C$15.00 to C$11.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, Canaccord Genuity decreased their price target on shares of Real Matters from C$16.00 to C$12.00 in a report on Wednesday. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of C$11.08.

REAL stock opened at C$6.38 on Wednesday. Real Matters has a 52 week low of C$5.83 and a 52 week high of C$15.00.

In other Real Matters news, Director Jr. Nicholas Reyland Liuzza bought 12,000 shares of Real Matters stock in a transaction on Wednesday, March 21st. The stock was purchased at an average cost of C$7.19 per share, for a total transaction of C$86,280.00. Also, Director Eric W. Slavens bought 5,000 shares of Real Matters stock in a transaction on Thursday, May 10th. The stock was acquired at an average price of C$6.05 per share, with a total value of C$30,250.00. Insiders acquired 27,000 shares of company stock valued at $190,030 over the last quarter.

Real Matters Company Profile

Real Matters Inc develops and provides 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.

Analyst Recommendations for Real Matters (TSE:REAL)

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