Dream Office Real Estate Investment Trst (TSE:D.UN) PT Raised to C$22.50 at National Bankshares

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price target hoisted by stock analysts at National Bankshares from C$18.75 to C$22.50 in a report released on Wednesday, BayStreet.CA reports. National Bankshares’ price target would indicate a potential downside of 0.04% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. Cormark cut their price target on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research note on Monday, August 19th. Canaccord Genuity Group upped their price objective on shares of Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the stock a “hold” rating in a research report on Monday, September 23rd. TD Securities increased their price objective on shares of Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the company a “hold” rating in a research note on Wednesday, September 4th. Finally, Scotiabank boosted 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 note on Wednesday, August 14th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Dream Office Real Estate Investment Trst currently has an average rating of “Hold” and an average target price of C$18.75.

Dream Office Real Estate Investment Trst Stock Up 1.1 %

D.UN stock traded up C$0.25 during midday trading on Wednesday, reaching C$22.51. 5,420 shares of the company’s stock traded hands, compared to its average volume of 45,409. Dream Office Real Estate Investment Trst has a 52 week low of C$14.50 and a 52 week high of C$23.34. The company has a market cap of C$367.81 million, a price-to-earnings ratio of -7.74 and a beta of 1.21. The firm’s fifty day moving average price is C$19.89 and its 200-day moving average price is C$18.84. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31.

Insider Transactions 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 business’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of C$22.24, for a total value of C$326,975.04. 47.23% of the stock is currently owned by company insiders.

About Dream Office Real Estate Investment Trst

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.