Dream Office Real Estate Investment Trst (TSE:D.UN) Receives C$18.75 Consensus Price Target from Analysts

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

Several analysts have recently weighed in on D.UN shares. TD Securities lifted 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. 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 company a “hold” rating in a report on Monday, September 23rd. Finally, National Bankshares raised their target price on Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a research note on Wednesday, October 9th.

Dream Office Real Estate Investment Trst Trading Up 0.4 %

Shares of D.UN stock opened at C$18.38 on Friday. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.90 and a fifty-two week high of C$23.34. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08. The stock has a 50 day simple moving average of C$20.02 and a two-hundred day simple moving average of C$19.60. The company has a market cap of C$300.33 million, a P/E ratio of -6.32 and a beta of 1.21.

Insider Activity

In other Dream Office Real Estate Investment Trst news, Director Jane Gavan sold 14,700 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Tuesday, October 1st. The shares were 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 business’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of C$22.68, for a total value of C$40,455.23. 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.