Dream Office Real Estate Investment Trst (TSE:D.UN) Receives Consensus Rating of “Hold” from Analysts

Dream Office Real Estate Investment Trst (TSE:D.UN) has been given an average rating of “Hold” by the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$18.75.

Several brokerages have recently weighed in on D.UN. TD Securities raised their price objective on Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the company a “hold” rating in a report on Wednesday, September 4th. Canaccord Genuity Group boosted their price target 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 report on Monday, September 23rd. Finally, National Bankshares increased their price objective on Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a report on Wednesday, October 9th.

Insider Activity at Dream Office Real Estate Investment Trst

In related news, Director Jane Gavan sold 14,700 shares of Dream Office Real Estate Investment Trst stock in a transaction dated 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 company’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. 47.23% of the stock is owned by company insiders.

Dream Office Real Estate Investment Trst Stock Down 1.0 %

Dream Office Real Estate Investment Trst stock opened at C$17.65 on Friday. 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 company has a fifty day simple moving average of C$20.27 and a 200 day simple moving average of C$19.60. The company has a market cap of C$288.40 million, a P/E ratio of -6.07 and a beta of 1.21.

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.