Jane Gavan Sells 1,500 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 1,500 shares of the business’s stock in a transaction dated Friday, July 5th. The stock was sold at an average price of C$18.13, for a total transaction of C$27,201.00.

Dream Office Real Estate Investment Trst Trading Down 2.6 %

Shares of D.UN stock opened at C$17.13 on Wednesday. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.50 and a fifty-two week high of C$29.34. The company has a quick ratio of 0.16, a current ratio of 0.06 and a debt-to-equity ratio of 111.85. The business has a fifty day simple moving average of C$18.48 and a 200-day simple moving average of C$15.38. The stock has a market cap of C$279.73 million, a P/E ratio of -5.89 and a beta of 1.22.

Analysts Set New Price Targets

Several equities analysts have issued reports on D.UN shares. TD Securities dropped their target price on Dream Office Real Estate Investment Trst from C$20.00 to C$19.00 and set a “hold” rating on the stock in a research report on Tuesday, May 14th. Desjardins upped their price objective on Dream Office Real Estate Investment Trst from C$17.00 to C$18.00 and gave the stock a “hold” rating in a report on Monday, May 13th. National Bankshares cut their price objective on Dream Office Real Estate Investment Trst from C$19.00 to C$18.75 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. Canaccord Genuity Group boosted their target price on shares of Dream Office Real Estate Investment Trst from C$15.00 to C$16.75 and gave the stock a “hold” rating in a research report on Monday, May 13th. Finally, CIBC increased their price target on shares of Dream Office Real Estate Investment Trst from C$17.00 to C$19.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of C$16.94.

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.