Scotiabank Maintains a Hold Rating on Real Matters Inc

By Austin Angelo

Real Matters Inc (TSX: REAL), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Paul Steep from Scotiabank reiterated a Hold rating, with a C$13 price target.

According to TipRanks.com, Steep is ranked #1181 out of 4628 analysts.

Real Matters Inc has an analyst consensus of Moderate Buy, with a price target consensus of C$14.83.

Real Matters Inc’s market cap is currently C$1.34B and has a P/E ratio of 0.

Real Matters, Inc. operates as a cloud-based real estate technology platform. It offers collateral valuation, risk management, appraisals, insurance inspection, title search, mortgage closing, and data analytic services. The company was founded by Michael A. Johnston in 2004 and is headquartered in Markham, Canada.

The company’s shares closed on Friday at C$8.74, close to its 52-week high of C$15.