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Bullboard - Stock Discussion Forum Real Matters Inc RLLMF


Primary Symbol: T.REAL

Real Matters Inc. is a Canada-based technology company. The Company provides network management services platform for the mortgage and insurance industries. It provides residential real estate appraisal and title services to mortgage lenders in the United States of America and residential real estate appraisal and insurance inspection services in Canada. Its segments include U.S. appraisal, U.S... see more

TSX:REAL - Post Discussion

Real Matters Inc > A window just opened to buy Real Matters, says National Bank
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Post by bwaiting12 on Nov 24, 2020 3:33pm

A window just opened to buy Real Matters, says National Bank

A window just opened to buy Real Matters, says National Bank

 

1 day ago
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Real Matters (Real Matters Stock Quote, Chart, News TSX:REAL) just got pasted after its latest earnings report but the market reaction misses the bigger story, says National Bank Financial analyst Richard Tse, who says the company’s next growth driver is about to kick in.

Tse reviewed the quarterly numbers in an update to clients on Friday and stuck to his “Outperform” rating and C$40.00 target, which at press time represented a projected 12-month return of 78.9 per cent.

Link to full Cantech article

Comment by VueConnect on Nov 24, 2020 4:15pm
The 200-day MA price was $22.17.  It's still moving away from it. Waiting to see it it tests $16.00 range. Also might wait until $12-$14 range as per mingzhu: maximun valuation should be 20x. That is $12.80. you do not buy fair valued stock but under valued one. it is a buy under $12 for long term Tx
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