Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) has earned a consensus rating of "Hold" from the six brokerages that are presently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$20.50.
Several equities research analysts have recently issued reports on the stock. Desjardins dropped their price objective on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a "hold" rating for the company in a research report on Tuesday, February 25th. Scotiabank decreased their target price on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th.
Read Our Latest Research Report on D.UN
Dream Office Real Estate Investment Trst Trading Up 2.0 %
Shares of D.UN traded up C$0.32 during mid-day trading on Wednesday, hitting C$16.37. The company had a trading volume of 5,107 shares, compared to its average volume of 19,670. Dream Office Real Estate Investment Trst has a 1-year low of C$14.05 and a 1-year high of C$23.04. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31. The business's 50-day simple moving average is C$17.39 and its 200-day simple moving average is C$18.76. The stock has a market cap of C$267.49 million, a PE ratio of -5.63 and a beta of 1.21.
Insider Buying and Selling
In other Dream Office Real Estate Investment Trst news, insider Artis Real Estate Investment Trust purchased 15,800 shares of the business's stock in a transaction dated Thursday, March 13th. The shares were acquired at an average price of C$17.40 per share, for a total transaction of C$274,961.08. Also, Senior Officer Robert Michael Lockwood Hughes sold 1,544 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of C$17.94, for a total transaction of C$27,702.29. 47.23% of the stock is currently owned by insiders.
About Dream Office Real Estate Investment Trst
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Get Free ReportDream 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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