Dream Office Real Estate Investment Trst (TSE:D.UN) had its price target hoisted by TD Securities from C$26.00 to C$27.00 in a research note released on Monday, BayStreet.CA reports. The brokerage currently has a hold rating on the real estate investment trust’s stock.
Several other research firms have also recently issued reports on D.UN. National Bank Financial upped their price target on Dream Office Real Estate Investment Trst from C$25.00 to C$27.00 and gave the company a sector perform rating in a report on Monday. BMO Capital Markets raised Dream Office Real Estate Investment Trst from a market perform rating to an outperform rating and upped their price target for the company from C$26.00 to C$28.00 in a report on Wednesday, July 31st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Dream Office Real Estate Investment Trst presently has an average rating of Hold and a consensus target price of C$27.00.
TSE D.UN opened at C$26.52 on Monday. The stock has a market capitalization of $1.57 billion and a P/E ratio of 9.90. Dream Office Real Estate Investment Trst has a 1 year low of C$21.56 and a 1 year high of C$26.70. The business’s fifty day moving average is C$24.54 and its two-hundred day moving average is C$24.10. The company has a debt-to-equity ratio of 85.45, a quick ratio of 0.08 and a current ratio of 0.91.
In other Dream Office Real Estate Investment Trst news, Director Detlef Bierbaum sold 14,650 shares of the company’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of C$23.56, for a total value of C$345,190.63. Following the transaction, the director now owns 59,988 shares of the company’s stock, valued at C$1,413,467.25. Also, Director Michael Cooper purchased 92,300 shares of the company’s stock in a transaction on Tuesday, June 4th. The stock was bought at an average cost of C$23.38 per share, for a total transaction of C$2,158,103.22. Following the acquisition, the director now directly owns 9,756,938 shares of the company’s stock, valued at approximately C$228,130,870.15. Insiders acquired 187,400 shares of company stock worth $4,389,670 in the last ninety days.
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.
Read More: What is the Quick Ratio?
Receive News & Ratings for Dream Office Real Estate Investment Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Office Real Estate Investment Trst and related companies with MarketBeat.com's FREE daily email newsletter.