Real Matters (OTCMKTS:RLLMF) had its price target raised by equities research analysts at Raymond James from $22.00 to $33.00 in a research note issued on Friday, The Fly reports. The firm presently has an “outperform” rating on the stock. Raymond James’ target price suggests a potential upside of 46.34% from the company’s previous close.
RLLMF has been the subject of several other research reports. Scotiabank increased their price objective on shares of Real Matters from $19.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday. TD Securities increased their price objective on shares of Real Matters from $31.00 to $36.00 and gave the company a “buy” rating in a research note on Friday. Finally, Canaccord Genuity increased their price objective on shares of Real Matters from $17.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Real Matters currently has an average rating of “Buy” and a consensus price target of $34.80.
RLLMF stock opened at $22.55 on Friday. The stock’s 50-day moving average is $19.67. Real Matters has a 1 year low of $6.43 and a 1 year high of $23.56.
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 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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