Shares of Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) have been assigned an average rating of “Hold” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$16.94.
D.UN has been the topic of several recent analyst reports. Desjardins upped their price objective on shares of Dream Office Real Estate Investment Trst from C$17.00 to C$18.00 and gave the stock a “hold” rating in a report on Monday, May 13th. National Bankshares decreased their price objective on shares of 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. TD Securities decreased their price objective on shares of 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. CIBC upped their price objective on shares of Dream Office Real Estate Investment Trst from C$17.00 to C$19.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Finally, Canaccord Genuity Group upped their price objective on shares of Dream Office Real Estate Investment Trst from C$15.00 to C$16.75 and gave the stock a “hold” rating in a report on Monday, May 13th.
View Our Latest Analysis on Dream Office Real Estate Investment Trst
Insider Buying and Selling
In other news, insider Artis Real Estate Investment Trust acquired 5,000 shares of the company’s stock in a transaction on Monday, April 29th. The shares were bought at an average cost of C$18.95 per share, with a total value of C$94,750.00. In other Dream Office Real Estate Investment Trst news, Director Jane Gavan sold 1,500 shares of the stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of C$18.13, for a total value of C$27,201.00. Also, insider Artis Real Estate Investment Trust acquired 5,000 shares of the company’s stock in a transaction on Monday, April 29th. The stock was purchased at an average cost of C$18.95 per share, for a total transaction of C$94,750.00. Insiders have acquired a total of 94,000 shares of company stock valued at $1,787,965 in the last ninety days. Company insiders own 45.46% of the company’s stock.
Dream Office Real Estate Investment Trst Stock Performance
TSE:D.UN opened at C$19.12 on Tuesday. The company’s 50-day moving average is C$18.42 and its two-hundred day moving average is C$15.88. The company has a debt-to-equity ratio of 111.85, a current ratio of 0.06 and a quick ratio of 0.16. Dream Office Real Estate Investment Trst has a 1-year low of C$14.50 and a 1-year high of C$29.34. The firm has a market capitalization of C$312.23 million, a price-to-earnings ratio of -6.57 and a beta of 1.22.
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.
Featured Stories
Receive News & Ratings for Dream Office Real Estate Investment Trst Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Dream Office Real Estate Investment Trst and related companies with MarketBeat.com’s FREE daily email newsletter.