Insider Buying: Real Matters Inc (TSE:REAL) Director Purchases 2,000 Shares of Stock
Real Matters Inc (TSE:REAL) Director Eric W. Slavens purchased 2,000 shares of Real Matters stock in a transaction that occurred on Thursday, August 10th. The stock was purchased at an average price of C$8.80 per share, with a total value of C$17,600.00.
Real Matters Inc (REAL) traded down 4.46% during midday trading on Thursday, reaching $8.36. 39,986 shares of the company’s stock were exchanged. Real Matters Inc has a 1-year low of $8.35 and a 1-year high of $27.21. The firm’s 50-day moving average is $11.39 and its 200 day moving average is $11.52. The stock’s market cap is $729.42 million.
REAL has been the subject of a number of research analyst reports. Canaccord Genuity reiterated a “buy” rating and issued a C$16.00 target price on shares of Real Matters in a research report on Tuesday, June 6th. BMO Capital Markets reiterated a “market perform” rating and issued a C$14.00 target price on shares of Real Matters in a research report on Tuesday, June 6th. Raymond James Financial, Inc. reiterated an “outperform” rating and issued a C$14.00 target price on shares of Real Matters in a research report on Tuesday, July 18th. National Bank Financial reiterated an “outperform” rating and issued a C$15.00 target price on shares of Real Matters in a research report on Tuesday, July 11th. Finally, Scotiabank set a C$14.00 target price on shares of Real Matters and gave the stock a “sector perform” rating in a research report on Thursday, June 22nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of C$14.60.
About Real Matters
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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