Dream Office Real Estate Investment Trst (TSE:D.UN) PT Raised to C$18.00 at Desjardins

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price target lifted by Desjardins from C$17.00 to C$18.00 in a report published on Monday, BayStreet.CA reports. Desjardins currently has a hold rating on the real estate investment trust’s stock.

D.UN has been the topic of a number of other research reports. National Bankshares decreased their target price on Dream Office Real Estate Investment Trst from C$19.00 to C$18.75 and set an outperform rating on the stock in a research report on Wednesday, April 24th. Cormark lifted their target price on shares of Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a research report on Friday, March 8th. Scotiabank reduced their price target on shares of Dream Office Real Estate Investment Trst from C$11.00 to C$10.00 and set a sector perform rating for the company in a research report on Thursday, February 22nd. CIBC lifted their price objective on Dream Office Real Estate Investment Trst from C$17.00 to C$19.00 and gave the stock a neutral rating in a report on Monday. Finally, TD Securities lowered their target price on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$20.00 in a research note on Wednesday, April 24th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of Hold and an average target price of C$16.78.

Dream Office Real Estate Investment Trst Stock Down 1.2 %

Dream Office Real Estate Investment Trst stock opened at C$18.06 on Monday. The business’s 50-day moving average price is C$17.79 and its 200 day moving average price is C$12.77. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 111.93. The firm has a market cap of C$294.56 million, a price-to-earnings ratio of -5.20 and a beta of 1.22. Dream Office Real Estate Investment Trst has a 52 week low of C$14.50 and a 52 week high of C$30.42.

Insider Buying and Selling

In other news, insider Artis Real Estate Investment Trust bought 1,900 shares of the stock in a transaction that occurred on Thursday, April 18th. The stock was bought at an average cost of C$17.55 per share, for a total transaction of C$33,337.97. In other Dream Office Real Estate Investment Trst news, insider Artis Real Estate Investment Trust bought 1,900 shares of the stock in a transaction dated Thursday, April 18th. The shares were acquired at an average cost of C$17.55 per share, for a total transaction of C$33,337.97. Also, Senior Officer Dream Asset Management Corporation purchased 148,600 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were purchased at an average price of C$20.71 per share, for a total transaction of C$3,077,089.92. In the last ninety days, insiders acquired 265,300 shares of company stock valued at $3,808,679. 76.85% of the stock is currently owned by 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.