Dream Office Real Estate Investment Trst (TSE:D.UN) Given Average Recommendation of "Hold" by Brokerages

Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) has been assigned an average recommendation of "Hold" from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$18.75.

A number of research analysts have recently issued reports on the stock. Canaccord Genuity Group lifted their price objective on shares of Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the company a "hold" rating in a report on Monday, September 23rd. TD Securities lifted their price target on Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the company a "hold" rating in a research note on Wednesday, September 4th. Finally, National Bankshares boosted their price objective on Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a report on Wednesday, October 9th.

Dream Office Real Estate Investment Trst Stock Up 2.5 %

Dream Office Real Estate Investment Trst stock traded up C$0.45 during mid-day trading on Friday, reaching C$18.10. The stock had a trading volume of 18,417 shares, compared to its average volume of 40,402. The firm has a market capitalization of C$295.75 million, a PE ratio of -6.22 and a beta of 1.21. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.90 and a fifty-two week high of C$23.34. The stock's 50-day simple moving average is C$20.27 and its 200-day simple moving average is C$19.60. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08.

Insider Transactions at Dream Office Real Estate Investment Trst

In other Dream Office Real Estate Investment Trst news, Director Jane Gavan sold 14,700 shares of the firm's stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of C$22.24, for a total transaction of C$326,975.04. Also, Director Kellie Leitch sold 1,784 shares of the firm's stock in a transaction dated Thursday, October 17th. The shares were 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.