Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$19.47 and traded as high as C$21.19. Dream Office Real Estate Investment Trst shares last traded at C$21.10, with a volume of 8,540 shares changing hands.
Analysts Set New Price Targets
Several brokerages have recently weighed in on D.UN. TD Securities raised 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 report on Wednesday, September 4th. Cormark dropped their target price on shares of Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research note on Monday, August 19th. Canaccord Genuity Group raised their price target 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 research report on Monday, September 23rd. National Bankshares upped their price objective on Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a research report on Wednesday, October 9th. Finally, Scotiabank increased 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. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of C$18.75.
View Our Latest Stock Report on Dream Office Real Estate Investment Trst
Dream Office Real Estate Investment Trst Stock Performance
The firm has a market capitalization of C$334.97 million, a PE ratio of -7.25 and a beta of 1.21. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08. The business's fifty day simple moving average is C$21.39 and its 200-day simple moving average is C$19.47.
Insider Buying and Selling
In other news, Director Kellie Leitch sold 1,784 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of C$22.68, for a total transaction of C$40,455.23. In related news, Director Kellie Leitch sold 1,784 shares of Dream Office Real Estate Investment Trst 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. Also, Director Jane Gavan sold 14,700 shares of the firm's stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of C$22.24, for a total value of C$326,975.04. 47.23% of the stock is owned by company insiders.
Dream Office Real Estate Investment Trst Company Profile
(
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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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