Dream Unlimited (TSE:DRM) Stock Rating Upgraded by Scotiabank

Dream Unlimited (TSE:DRM) was upgraded by Scotiabank to a “strong-buy” rating in a report released on Thursday, Zacks reports.

Other equities research analysts also recently issued research reports about the company. TD lifted their target price on Dream Unlimited from C$29.00 to C$30.00 and gave the company a “buy” rating in a research report on Friday, June 5th. Scotia set a C$25.00 price target on Dream Unlimited and gave the stock a “sector outperform” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to MarketBeat, Dream Unlimited currently has a consensus rating of “Buy” and a consensus target price of C$28.00.

Dream Unlimited Stock Up 2.6%

Shares of TSE DRM opened at C$17.95 on Thursday. The company has a market capitalization of C$752.88 million, a P/E ratio of 85.48 and a beta of 1.44. The company has a debt-to-equity ratio of 145.27, a current ratio of 209.05 and a quick ratio of 0.67. The company has a 50 day simple moving average of C$19.02 and a 200-day simple moving average of C$19.27. Dream Unlimited has a 1 year low of C$17.00 and a 1 year high of C$22.66.

Dream Unlimited (TSE:DRM) last released its quarterly earnings data on Tuesday, August 11th. The company reported C($0.02) EPS for the quarter. The business had revenue of C$0.07 million during the quarter. Dream Unlimited had a net margin of 1.87% and a return on equity of 0.61%. On average, equities research analysts predict that Dream Unlimited will post 1.9481391 earnings per share for the current year.

Dream Unlimited Company Profile

DREAM Unlimited Corp is a real estate company. The company’s divisions include Asset management; Stabilized income generating assets; Urban development – Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.