Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target Increased to C$22.50 by Analysts at National Bankshares

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective increased by research analysts at National Bankshares from C$18.75 to C$22.50 in a report released on Wednesday, BayStreet.CA reports.

Several other analysts have also recently issued reports on the stock. Scotiabank upped their price target on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the company a “sector perform” rating in a report on Wednesday, August 14th. Canaccord Genuity Group increased their target price on shares of Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the stock a “hold” rating in a report on Monday, September 23rd. Cormark dropped their target price on shares of Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a report on Monday, August 19th. Finally, TD Securities increased their target price on shares of Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the stock a “hold” rating in a report on Wednesday, September 4th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of C$18.75.

Dream Office Real Estate Investment Trst Price Performance

The firm has a market capitalization of C$365.20 million, a PE ratio of -7.67 and a beta of 1.21. The company has a 50-day moving average of C$19.95 and a two-hundred day moving average of C$18.87. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31. Dream Office Real Estate Investment Trst has a twelve month low of C$14.50 and a twelve month high of C$23.34.

Insider Transactions at Dream Office Real Estate Investment Trst

In related news, Director Jane Gavan sold 14,700 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of C$22.24, for a total value of C$326,975.04. Insiders own 47.23% of the company’s stock.

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.