TD Securities Trims Dream Office Real Estate Investment Trst (TSE:D.UN) Target Price to C$20.00

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective trimmed by TD Securities from C$21.00 to C$20.00 in a report released on Wednesday morning, BayStreet.CA reports.

D.UN has been the topic of several other research reports. Scotiabank cut 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. Desjardins dropped their price objective on Dream Office Real Estate Investment Trst from C$10.00 to C$8.50 and set a buy rating on the stock in a report on Friday, February 16th. Royal Bank of Canada decreased their target price on Dream Office Real Estate Investment Trst from C$10.00 to C$9.00 and set a sector perform rating for the company in a research report on Friday, February 23rd. National Bankshares cut their target price on Dream Office Real Estate Investment Trst from C$19.00 to C$18.75 and set an outperform rating for the company in a research note on Wednesday. Finally, Cormark increased their price objective on Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a research note on Friday, March 8th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of Hold and a consensus target price of C$13.75.

Dream Office Real Estate Investment Trst Price Performance

Shares of TSE D.UN opened at C$19.11 on Wednesday. Dream Office Real Estate Investment Trst has a twelve month low of C$14.50 and a twelve month high of C$30.42. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 111.93. The company has a market capitalization of C$311.68 million, a price-to-earnings ratio of -5.51 and a beta of 1.19. The firm has a 50-day moving average of C$15.83 and a two-hundred day moving average of C$11.71.

Insider Activity at Dream Office Real Estate Investment Trst

In related news, insider Artis Real Estate Investment Trust bought 1,900 shares of Dream Office Real Estate Investment Trst stock in a transaction on Thursday, April 18th. The shares were purchased at an average price of C$17.55 per share, for a total transaction of C$33,337.97. In other news, Director Andrew Molson bought 80,400 shares of the company’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were acquired at an average price of C$1.19 per share, with a total value of C$95,676.00. Also, insider Artis Real Estate Investment Trust purchased 1,900 shares of the stock in a transaction on Thursday, April 18th. The shares were bought at an average cost of C$17.55 per share, for a total transaction of C$33,337.97. Insiders have bought a total of 265,300 shares of company stock worth $3,808,679 over the last 90 days. Insiders own 74.38% 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.