Dream Office Real Estate Investment Trst (TSE:D.UN) Given Consensus Rating of “Hold” by Brokerages

Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) have earned an average recommendation of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. Six equities research 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 covered the stock in the last year is C$18.75.

Several research analysts recently weighed in on D.UN shares. National Bankshares lifted their price objective 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. Scotiabank boosted their price target on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the company a “sector perform” rating in a report on Wednesday, August 14th. Canaccord Genuity Group raised their price objective on Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the stock a “hold” rating in a research note on Monday, September 23rd. Cormark reduced their target price on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a report on Monday, August 19th. Finally, TD Securities increased their price target on Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the stock a “hold” rating in a report on Wednesday, September 4th.

Insider Buying and Selling

In other Dream Office Real Estate Investment Trst news, Director Kellie Leitch sold 1,784 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of C$22.68, for a total transaction of C$40,455.23. Also, 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 transaction of C$326,975.04. 47.23% of the stock is owned by corporate insiders.

Dream Office Real Estate Investment Trst Trading Up 1.6 %

TSE:D.UN opened at C$19.18 on Monday. The company has a current ratio of 0.08, a quick ratio of 0.16 and a debt-to-equity ratio of 115.31. Dream Office Real Estate Investment Trst has a 1-year low of C$14.90 and a 1-year high of C$23.34. The firm has a market capitalization of C$313.40 million, a price-to-earnings ratio of -6.59 and a beta of 1.21. The business’s 50-day moving average price is C$21.31 and its two-hundred day moving average price is C$19.56.

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.