Dream Office Real Estate Investment Trst (TSE:D.UN) Receives C$13.00 Consensus PT from Brokerages

Dream Office Real Estate Investment Trst (TSE:D.UN) has earned a consensus recommendation of “Hold” from the eight analysts that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$13.00.

D.UN has been the topic of several research reports. Canaccord Genuity Group decreased their price target on shares of Dream Office Real Estate Investment Trst from C$10.00 to C$7.00 and set a “hold” rating on the stock in a research note on Friday, February 16th. Cormark raised their target price on shares of Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a report on Friday, March 8th. Scotiabank cut their target price on shares of Dream Office Real Estate Investment Trst from C$11.00 to C$10.00 and set a “sector perform” rating on the stock in a report on Thursday, February 22nd. Royal Bank of Canada cut their target price on shares of Dream Office Real Estate Investment Trst from C$10.00 to C$9.00 and set a “sector perform” rating on the stock in a report on Friday, February 23rd. Finally, National Bankshares raised their target price on shares of Dream Office Real Estate Investment Trst from C$8.50 to C$11.00 and gave the stock a “sector perform” rating in a report on Monday, January 29th.

Insider Activity at Dream Office Real Estate Investment Trst

In other Dream Office Real Estate Investment Trst news, Senior Officer Dream Asset Management Corporation bought 148,600 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were purchased at an average price of C$20.71 per share, for a total transaction of C$3,077,089.92. In other Dream Office Real Estate Investment Trst news, Director Andrew Molson bought 80,400 shares of the company’s stock in a transaction dated Wednesday, April 3rd. The shares were purchased at an average price of C$1.19 per share, for a total transaction of C$95,676.00. Also, Senior Officer Dream Asset Management Corporation purchased 148,600 shares of the stock in a transaction dated Wednesday, April 10th. The stock was bought at an average cost of C$20.71 per share, with a total value of C$3,077,089.92. Insiders have purchased a total of 263,200 shares of company stock worth $3,771,541 over the last quarter. Corporate insiders own 74.38% of the company’s stock.

Dream Office Real Estate Investment Trst Trading Down 3.4 %

D.UN stock opened at C$17.45 on Friday. The company has a market capitalization of C$284.61 million, a PE ratio of -5.03 and a beta of 1.19. Dream Office Real Estate Investment Trst has a one year low of C$14.50 and a one year high of C$30.42. The company’s 50 day moving average price is C$14.56 and its two-hundred day moving average price is C$11.27. The company has a debt-to-equity ratio of 111.93, a quick ratio of 0.16 and a current ratio of 0.18.

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.