Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) has earned a consensus recommendation of “Hold” from the eight analysts that are presently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$16.94.
A number of research analysts recently weighed in on D.UN shares. Scotiabank dropped their price objective on Dream Office Real Estate Investment Trst from C$11.00 to C$10.00 and set a “sector perform” rating on the stock in a report on Thursday, February 22nd. Cormark upped their target price on Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a report on Friday, March 8th. National Bankshares lowered their target price on Dream Office Real Estate Investment Trst from C$19.00 to C$18.75 and set an “outperform” rating on the stock in a report on Wednesday, April 24th. Royal Bank of Canada lowered their target price on Dream Office Real Estate Investment Trst from C$10.00 to C$9.00 and set a “sector perform” rating on the stock in a report on Friday, February 23rd. Finally, TD Securities lowered their target price on Dream Office Real Estate Investment Trst from C$20.00 to C$19.00 and set a “hold” rating on the stock in a report on Tuesday, May 14th.
Read Our Latest Analysis on D.UN
Dream Office Real Estate Investment Trst Trading Up 0.4 %
Shares of D.UN stock opened at C$18.22 on Monday. The business’s fifty day moving average price is C$18.30 and its 200 day moving average price is C$13.58. Dream Office Real Estate Investment Trst has a 1-year low of C$14.50 and a 1-year high of C$30.42. The firm has a market capitalization of C$297.53 million, a PE ratio of -6.26 and a beta of 1.22. The company has a debt-to-equity ratio of 111.85, a current ratio of 0.06 and a quick ratio of 0.16.
Insider Activity at Dream Office Real Estate Investment Trst
In other Dream Office Real Estate Investment Trst news, Senior Officer Dream Asset Management Corporation bought 148,600 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Wednesday, April 10th. The shares were purchased at an average cost of C$20.71 per share, for a total transaction of C$3,077,089.92. In other Dream Office Real Estate Investment Trst news, insider Artis Real Estate Investment Trust bought 1,900 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Thursday, April 18th. The shares were purchased at an average cost of C$17.55 per share, for a total transaction of C$33,337.97. Also, Senior Officer Dream Asset Management Corporation acquired 148,600 shares of the business’s stock in a transaction dated Wednesday, April 10th. The stock was purchased at an average price of C$20.71 per share, for a total transaction of C$3,077,089.92. Insiders have purchased a total of 265,300 shares of company stock valued at $3,808,679 over the last quarter. Insiders own 45.46% of the company’s stock.
Dream Office Real Estate Investment Trst Company Profile
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality central business district office properties in major urban centres across Canada, with a focus on downtown Toronto.
Further Reading
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