Jane Gavan Sells 14,700 Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) Director Jane Gavan sold 14,700 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of C$22.24, for a total transaction of C$326,975.04.

Dream Office Real Estate Investment Trst Price Performance

D.UN stock opened at C$22.46 on Friday. The company has a market capitalization of C$367.00 million, a P/E ratio of -7.72 and a beta of 1.21. Dream Office Real Estate Investment Trst has a 12 month low of C$14.50 and a 12 month high of C$23.34. The firm’s fifty day simple moving average is C$19.78 and its 200-day simple moving average is C$18.73. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on D.UN shares. Cormark lowered their target price on shares of Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research note on Monday, August 19th. 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 report on Monday, September 23rd. Scotiabank upped their target price on Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the company a “sector perform” rating in a research report on Wednesday, August 14th. Finally, TD Securities increased their price objective on shares of Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the company a “hold” rating in a research report on Wednesday, September 4th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of C$18.28.

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.