Real Matters Inc. (OTCMKTS:RLLMF) Receives $6.88 Consensus PT from Brokerages

Shares of Real Matters Inc. (OTCMKTS:RLLMF – Get Rating) have been given an average rating of “Hold” by the eight ratings firms that are currently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $6.88.

A number of brokerages recently weighed in on RLLMF. BMO Capital Markets reduced their target price on Real Matters from C$7.00 to C$5.00 in a report on Friday, April 29th. Raymond James reduced their target price on Real Matters from C$10.00 to C$6.50 in a report on Friday, April 29th. Canaccord Genuity Group reduced their price objective on Real Matters from C$6.00 to C$4.75 and set a “hold” rating on the stock in a research note on Friday, April 29th. TD Securities reduced their price objective on Real Matters from C$6.50 to C$6.00 in a research note on Friday, April 29th. Finally, National Bank Financial reduced their price objective on Real Matters from C$8.00 to C$6.00 in a research note on Tuesday, April 26th.

Shares of Real Matters stock opened at $3.70 on Wednesday. Real Matters has a twelve month low of $3.54 and a twelve month high of $14.83. The business’s fifty day moving average price is $3.96 and its 200 day moving average price is $4.94.

Real Matters Company Profile (Get Rating)

Real Matters Inc 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 and default transactions under the Solidifi brand to the mortgage lending industry; and insurance inspection services to property and casualty insurers under the iv3 brand.

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