Dream Office Real Estate Investment Trst (TSE:D.UN) Given New C$18.75 Price Target at National Bankshares

Dream Office Real Estate Investment Trst (TSE:D.UN) had its target price cut by National Bankshares from C$19.00 to C$18.75 in a research report sent to investors on Wednesday, BayStreet.CA reports. They currently have an outperform rating on the real estate investment trust’s stock.

Other analysts also recently issued research reports about the company. Canaccord Genuity Group dropped their price target on Dream Office Real Estate Investment Trst from C$10.00 to C$7.00 and set a hold rating on the stock in a research note on Friday, February 16th. TD Securities downgraded Dream Office Real Estate Investment Trst from a buy rating to a hold rating and boosted their price target for the company from C$18.00 to C$21.00 in a research note on Wednesday, April 10th. Cormark boosted their price target on Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a research note on Friday, March 8th. Royal Bank of Canada dropped their price target on Dream Office Real Estate Investment Trst from C$10.00 to C$9.00 and set a sector perform rating on the stock in a research note on Friday, February 23rd. Finally, Scotiabank dropped their price target on Dream Office Real Estate Investment Trst from C$11.00 to C$10.00 and set a sector perform rating on the stock in a research note on Thursday, February 22nd. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of Hold and a consensus price target of C$13.75.

Dream Office Real Estate Investment Trst Stock Up 0.9 %

Dream Office Real Estate Investment Trst stock opened at C$19.47 on Wednesday. The company has a debt-to-equity ratio of 111.93, a quick ratio of 0.16 and a current ratio of 0.18. The business’s 50-day simple moving average is C$15.42 and its two-hundred day simple moving average is C$11.60. The company has a market cap of C$317.56 million, a PE ratio of -5.61 and a beta of 1.19. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.50 and a fifty-two week high of C$30.42.

Insider Buying and Selling

In other Dream Office Real Estate Investment Trst news, insider Artis Real Estate Investment Trust purchased 1,900 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Thursday, April 18th. The stock was bought at an average price of C$17.55 per share, with a total value of C$33,337.97. In other news, Senior Officer Dream Asset Management Corporation acquired 148,600 shares of the business’s stock in a transaction on Wednesday, April 10th. The stock was bought at an average cost of C$20.71 per share, for a total transaction of C$3,077,089.92. Also, insider Artis Real Estate Investment Trust acquired 1,900 shares of the business’s stock in a transaction on Thursday, April 18th. The shares were purchased at an average price of C$17.55 per share, with a total value of C$33,337.97. In the last 90 days, insiders acquired 265,100 shares of company stock valued at $3,804,879. 74.38% of the stock is owned by company insiders.

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.