11:35 AM EDT, 09/28/2022 (MT Newswires) -- National Bank on Tuesday maintained its sector perform rating on Real Matters Inc. (REAL.TO) while noting that the company continues to see considerable value long-term even as the short-term results will continue to be challenged.
"Real Matters short-term results will continue to be challenged," the analyst said, adding that the company continues to improve the underlying business.
The price target on the company's shares is $6.
"While we continue to see considerable value long-term (particularly in the T&C segment) given Real Matters' unique (and expanding) platform that supports some of the most prominent lenders in North America, the challenging macro and tough comps likely have stock marking time short-term," the analysts added.
Price: 4.79, Change: +0.10, Percent Change: +2.13