Real Matters Inc (REAL) Shares Down 4.4%

Real Matters Inc (TSE:REAL)’s share price was down 4.4% during trading on Tuesday . The stock traded as low as C$9.92 and last traded at C$9.97. Approximately 16,370 shares traded hands during trading, a decline of 74% from the average daily volume of 63,880 shares. The stock had previously closed at C$10.43.

Several equities research analysts have recently issued reports on REAL shares. Raymond James Financial, Inc. reiterated an “outperform” rating and set a C$14.00 price target on shares of Real Matters in a research note on Tuesday, July 18th. National Bank Financial reiterated an “outperform” rating and set a C$15.00 price target on shares of Real Matters in a research note on Tuesday, July 11th. Scotiabank set a C$14.00 price target on shares of Real Matters and gave the stock a “sector perform” rating in a research note on Thursday, June 22nd. BMO Capital Markets cut their price objective on Real Matters from C$14.00 to C$11.50 in a report on Monday, August 14th. Finally, TD Securities cut their price objective on Real Matters from C$15.50 to C$14.50 in a report on Monday, August 14th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Real Matters currently has a consensus rating of “Buy” and a consensus target price of C$14.00.

The firm’s market capitalization is $896.73 million. The stock’s 50-day moving average price is $9.56 and its 200-day moving average price is $10.55.

In other news, Director Jason Smith bought 4,800 shares of the company’s stock in a transaction on Monday, September 25th. The stock was purchased at an average cost of C$10.08 per share, for a total transaction of C$48,384.00. Insiders acquired 39,000 shares of company stock valued at $386,332 over the last quarter.

ILLEGAL ACTIVITY WARNING: This news story was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this news story on another domain, it was copied

Several equities research analysts have recently issued reports on REAL shares. Raymond James Financial, Inc. reiterated an “outperform” rating and set a C$14.00 price target on shares of Real Matters in a research note on Tuesday, July 18th. National Bank Financial reiterated an “outperform” rating and set a C$15.00 price target on shares of Real Matters in a research note on Tuesday, July 11th. Scotiabank set a C$14.00 price target on shares of Real Matters and gave the stock a “sector perform” rating in a research note on Thursday, June 22nd. BMO Capital Markets cut their price objective on Real Matters from C$14.00 to C$11.50 in a report on Monday, August 14th. Finally, TD Securities cut their price objective on Real Matters from C$15.50 to C$14.50 in a report on Monday, August 14th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Real Matters currently has a consensus rating of “Buy” and a consensus target price of C$14.00.

The firm’s market capitalization is $896.73 million. The stock’s 50-day moving average price is $9.56 and its 200-day moving average price is $10.55.

In other news, Director Jason Smith bought 4,800 shares of the company’s stock in a transaction on Monday, September 25th. The stock was purchased at an average cost of C$10.08 per share, for a total transaction of C$48,384.00. Insiders acquired 39,000 shares of company stock valued at $386,332 over the last quarter.

ILLEGAL ACTIVITY WARNING: This news story was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this news story on another domain, it was copied illegally and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://ledgergazette.com/2017/10/10/real-matters-inc-real-shares-down-4-4.html.

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 and Linear Title & Closing brands to the mortgage industry; insurance inspection services to property and casualty insurers under the iv3 brand; and residential and commercial real estate title, and closing services to home equity search market under the Southwest Financial Services brand.

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