Analysts Set Dream Office Real Estate Investment Trst (TSE:D.UN) PT at C$18.75

Dream Office Real Estate Investment Trst (TSE:D.UN) has been assigned a consensus rating of “Hold” from the seven research firms that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$18.75.

A number of research analysts have commented on D.UN shares. Cormark lowered their price target on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research report on Monday, August 19th. National Bankshares upped their price target on Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a research report on Wednesday, October 9th. Canaccord Genuity Group upped their price target on Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the company a “hold” rating in a research report on Monday, September 23rd. TD Securities increased their target price on Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the stock a “hold” rating in a research report on Wednesday, September 4th. Finally, Scotiabank increased their target price on Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the stock a “sector perform” rating in a research report on Wednesday, August 14th.

Insider Activity at Dream Office Real Estate Investment Trst

In other Dream Office Real Estate Investment Trst news, Director Jane Gavan sold 14,700 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of C$22.24, for a total transaction of C$326,975.04. Also, Director Kellie Leitch sold 1,784 shares of the stock in a transaction on Thursday, October 17th. The shares were sold at an average price of C$22.68, for a total value of C$40,455.23. 47.23% of the stock is owned by corporate insiders.

Dream Office Real Estate Investment Trst Trading Down 0.1 %

D.UN opened at C$18.91 on Monday. The business has a 50 day simple moving average of C$21.47 and a two-hundred day simple moving average of C$19.57. The firm has a market capitalization of C$308.99 million, a price-to-earnings ratio of -6.56 and a beta of 1.21. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16. Dream Office Real Estate Investment Trst has a one year low of C$14.90 and a one year high of C$23.34.

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.