Dream Office Real Estate Investment Trst (TSE:D.UN) Receives C$20.50 Consensus Target Price from Analysts

Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) have been assigned an average rating of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$20.50.

Several research firms have issued reports on D.UN. Desjardins lowered their target price on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating on the stock in a research note on Tuesday, February 25th. Scotiabank lowered their price objective on Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th.

Dream Office Real Estate Investment Trst Stock Down 0.9 %

D.UN stock opened at C$17.58 on Friday. The stock has a 50-day simple moving average of C$18.05 and a two-hundred day simple moving average of C$19.32. Dream Office Real Estate Investment Trst has a twelve month low of C$15.88 and a twelve month high of C$23.04. The firm has a market capitalization of C$287.26 million, a PE ratio of -6.04 and a beta of 1.21. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31.

Insiders Place Their Bets

In related news, Senior Officer Robert Michael Lockwood Hughes sold 1,544 shares of Dream Office Real Estate Investment Trst stock in a transaction on Monday, March 3rd. The shares were sold at an average price of C$17.94, for a total value of C$27,702.29. Also, insider Artis Real Estate Investment Trust purchased 15,800 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were acquired at an average price of C$17.40 per share, with a total value of C$274,961.08. Corporate insiders own 47.23% 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.