Dream Office Real Estate Investment Trst (TSE:D.UN) Given New C$20.00 Price Target at National Bankshares


Dream Office Real Estate Investment Trst (TSE:D.UN – Get Rating) had its price target upped by National Bankshares from C$19.00 to C$20.00 in a research note published on Monday, BayStreet.CA reports. They currently have a sector perform rating on the real estate investment trust’s stock.

Several other equities analysts have also issued reports on D.UN. CIBC dropped their price target on Dream Office Real Estate Investment Trst from C$27.00 to C$24.00 in a research note on Monday. TD Securities dropped their price target on Dream Office Real Estate Investment Trst from C$26.00 to C$25.00 and set a buy rating on the stock in a research note on Monday. Royal Bank of Canada lowered their target price on Dream Office Real Estate Investment Trst from C$22.00 to C$21.00 and set a sector perform rating on the stock in a research report on Monday. Finally, Scotiabank lowered their target price on Dream Office Real Estate Investment Trst from C$26.25 to C$24.00 in a research report on Monday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of C$24.00.

Dream Office Real Estate Investment Trst Price Performance

Dream Office Real Estate Investment Trst stock opened at C$19.78 on Monday. The stock’s 50 day moving average is C$20.06 and its 200 day moving average is C$23.87. The company has a debt-to-equity ratio of 84.36, a current ratio of 0.15 and a quick ratio of 0.11. The firm has a market cap of C$930.25 million and a P/E ratio of 5.59. Dream Office Real Estate Investment Trst has a one year low of C$18.52 and a one year high of C$30.53.

Insider Buying and Selling

In related news, insider Artis Real Estate Investment Trust purchased 20,000 shares of the firm’s stock in a transaction that occurred on Monday, July 11th. The stock was acquired at an average price of C$19.19 per share, for a total transaction of C$383,862.00. Following the completion of the acquisition, the insider now owns 5,388,073 shares of the company’s stock, valued at approximately C$103,413,823.90. In related news, Director Michael Cooper purchased 26,400 shares of the firm’s stock in a transaction that occurred on Wednesday, May 11th. The stock was acquired at an average price of C$22.73 per share, for a total transaction of C$600,127.44. Following the completion of the acquisition, the director now owns 12,924,702 shares of the company’s stock, valued at approximately C$293,805,618.33. Also, insider Artis Real Estate Investment Trust acquired 20,000 shares of Dream Office Real Estate Investment Trst stock in a transaction on Monday, July 11th. The stock was acquired at an average price of C$19.19 per share, with a total value of C$383,862.00. Following the purchase, the insider now directly owns 5,388,073 shares in the company, valued at C$103,413,823.90. Over the last 90 days, insiders purchased 132,400 shares of company stock worth $2,673,548.

Dream Office Real Estate Investment Trst Company Profile

(Get Rating)

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 centers across Canada, with a focus on downtown Toronto.

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Analyst Recommendations for Dream Office Real Estate Investment Trst (TSE:D.UN)



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