Real Matters (REAL) PT Raised to C$6.50 at BMO Capital Markets

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Real Matters (TSE:REAL) had its target price hoisted by BMO Capital Markets from C$5.00 to C$6.50 in a research note published on Monday morning, BayStreet.CA reports.

Several other analysts also recently commented on REAL. Canaccord Genuity lowered their target price on shares of Real Matters from C$7.50 to C$6.00 in a report on Friday, February 1st. TD Securities increased their target price on shares of Real Matters from C$6.00 to C$7.50 and gave the company a buy rating in a report on Friday, May 3rd. Cormark upgraded shares of Real Matters from a market perform rating to a buy rating and increased their target price for the company from C$6.00 to C$7.00 in a report on Friday, May 3rd. National Bank Financial increased their target price on shares of Real Matters from C$6.00 to C$6.50 and gave the company a sector perform rating in a report on Friday, May 3rd. Finally, Raymond James increased their target price on shares of Real Matters from C$6.00 to C$7.00 and gave the company an outperform rating in a report on Friday, May 3rd.

Shares of REAL stock opened at C$6.31 on Monday. The stock has a market capitalization of $526.72 million and a PE ratio of -121.35. The company has a debt-to-equity ratio of 0.03, a current ratio of 6.46 and a quick ratio of 6.40. Real Matters has a one year low of C$2.95 and a one year high of C$6.49.

About Real Matters

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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