Dream Office Real Estate Investment Trst (TSE:D.UN) Receives C$18.75 Average Price Target from Analysts

Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) has earned a consensus recommendation of "Hold" from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$18.75.

D.UN has been the topic of several recent research reports. Scotiabank upped their price objective on Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the stock a "sector perform" rating in a research report on Wednesday, August 14th. National Bankshares raised their price target on shares of Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a research note on Wednesday, October 9th. Cormark dropped their price target on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research report on Monday, August 19th. Canaccord Genuity Group upped their target price on shares of Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the stock a "hold" rating in a report on Monday, September 23rd. Finally, TD Securities upped 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 report on Wednesday, September 4th.

Dream Office Real Estate Investment Trst Stock Down 2.5 %

D.UN traded down C$0.54 during trading on Thursday, hitting C$21.20. The stock had a trading volume of 8,249 shares, compared to its average volume of 44,138. Dream Office Real Estate Investment Trst has a twelve month low of C$14.90 and a twelve month high of C$23.34. The stock has a 50 day simple moving average of C$21.03 and a two-hundred day simple moving average of C$19.46. 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 company has a market capitalization of C$346.41 million, a PE ratio of -7.47 and a beta of 1.21.

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 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. In other news, Director Jane Gavan sold 14,700 shares of the 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 firm'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.