Analysts Set Dream Office Real Estate Investment Trst (TSE:D.UN) PT at C$18.75

Dream Office Real Estate Investment Trst (TSE:D.UN) has received a consensus rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$18.75.

Several brokerages recently issued reports on D.UN. TD Securities raised their target price on shares of 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. Canaccord Genuity Group upped their price objective on Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the company a “hold” rating in a research note on Monday, September 23rd. Finally, National Bankshares lifted their target price on Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a research note on Wednesday, October 9th.

Dream Office Real Estate Investment Trst Trading Up 0.4 %

Dream Office Real Estate Investment Trst stock opened at C$18.38 on Friday. The company has a market cap of C$300.33 million, a price-to-earnings ratio of -6.32 and a beta of 1.21. The firm has a 50-day moving average of C$20.02 and a 200-day moving average of C$19.60. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16. Dream Office Real Estate Investment Trst has a one year low of C$14.90 and a one year high of C$23.34.

Insider Buying and Selling

In other news, Director Jane Gavan sold 14,700 shares of Dream Office Real Estate Investment Trst stock in a transaction on Tuesday, October 1st. The shares were 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 business’s stock in a transaction 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. 47.23% of the stock is owned by corporate insiders.

About Dream Office Real Estate Investment Trst

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.