Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) had its target price upped by Canaccord Genuity Group from C$17.25 to C$19.50 in a note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Canaccord Genuity Group’s price target suggests a potential downside of 14.59% from the stock’s current price.
A number of other equities analysts also recently commented on the stock. Cormark decreased their price objective on shares of Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a report on Monday, August 19th. Scotiabank lifted their price target on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the company a “sector perform” rating in a report on Wednesday, August 14th. Finally, 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 stock a “hold” rating in a research note on Wednesday, September 4th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of C$18.28.
Read Our Latest Report on D.UN
Dream Office Real Estate Investment Trst Trading Up 2.8 %
Insider Transactions at Dream Office Real Estate Investment Trst
In related news, Director Jane Gavan sold 1,500 shares of the business’s stock in a transaction dated Friday, July 5th. The stock was sold at an average price of C$18.13, for a total transaction of C$27,201.00. 47.27% 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.
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