Analysts Set Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target at C$18.75

Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) have been given a consensus recommendation of “Hold” by the seven analysts that are covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$18.75.

Several research analysts have weighed in on D.UN shares. TD Securities boosted their price objective on Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the stock a “hold” rating in a research report on Wednesday, September 4th. Canaccord Genuity Group boosted their target price on Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the company a “hold” rating in a research note on Monday, September 23rd. Scotiabank boosted their target price on Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the company a “sector perform” rating in a research note on Wednesday, August 14th. Cormark lowered their target price on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research note on Monday, August 19th. Finally, National Bankshares boosted 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 Stock Down 0.1 %

D.UN stock opened at C$18.91 on Monday. The stock’s fifty day simple moving average is C$21.47 and its two-hundred day simple moving average is C$19.57. The company has a current ratio of 0.08, a quick ratio of 0.16 and a debt-to-equity ratio of 115.31. Dream Office Real Estate Investment Trst has a 1-year low of C$14.90 and a 1-year high of C$23.34. The stock has a market cap of C$308.99 million, a P/E ratio of -6.56 and a beta of 1.21.

Insiders Place Their Bets

In other news, Director Jane Gavan sold 14,700 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of C$22.24, for a total value of C$326,975.04. Also, Director Kellie Leitch sold 1,784 shares of the company’s stock in a transaction dated 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.