Dream Office Real Estate Investment Trst (TSE:D.UN) Receives Average Rating of “Hold” from Analysts

Dream Office Real Estate Investment Trst (TSE:D.UN) has received an average recommendation of “Hold” from the eight analysts that are covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$16.94.

Several research firms recently issued reports on D.UN. National Bankshares dropped their price target on Dream Office Real Estate Investment Trst from C$19.00 to C$18.75 and set an “outperform” rating on the stock in a research report on Wednesday, April 24th. Canaccord Genuity Group increased their target price on shares of Dream Office Real Estate Investment Trst from C$15.00 to C$16.75 and gave the stock a “hold” rating in a report on Monday, May 13th. Desjardins lifted their price target on shares of Dream Office Real Estate Investment Trst from C$17.00 to C$18.00 and gave the company a “hold” rating in a report on Monday, May 13th. Cormark increased their price objective on shares of Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a research note on Friday, March 8th. Finally, TD Securities decreased their target price on Dream Office Real Estate Investment Trst from C$20.00 to C$19.00 and set a “hold” rating for the company in a research note on Tuesday, May 14th.

Dream Office Real Estate Investment Trst Trading Up 0.8 %

Shares of TSE D.UN opened at C$18.03 on Friday. The company has a quick ratio of 0.16, a current ratio of 0.06 and a debt-to-equity ratio of 111.85. The stock’s 50 day moving average price is C$18.67 and its two-hundred day moving average price is C$14.84. Dream Office Real Estate Investment Trst has a 52-week low of C$14.50 and a 52-week high of C$29.34. The stock has a market capitalization of C$294.43 million, a P/E ratio of -6.20 and a beta of 1.22.

Insider Buying and Selling

In other Dream Office Real Estate Investment Trst news, Director Andrew Molson purchased 80,400 shares of Dream Office Real Estate Investment Trst stock in a transaction on Wednesday, April 3rd. The stock was bought at an average price of C$1.19 per share, for a total transaction of C$95,676.00. In related news, Director Andrew Molson acquired 80,400 shares of the firm’s stock in a transaction dated Wednesday, April 3rd. The stock was acquired at an average cost of C$1.19 per share, for a total transaction of C$95,676.00. Also, insider Artis Real Estate Investment Trust acquired 39,500 shares of the stock in a transaction that occurred on Wednesday, June 19th. The shares were bought at an average price of C$18.82 per share, for a total transaction of C$743,247.80. Insiders acquired 336,400 shares of company stock valued at $5,232,672 in the last three months. 45.46% of the stock is currently owned by corporate insiders.

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.