Kellie Leitch Sells 1,784 Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) Director Kellie Leitch sold 1,784 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of C$22.68, for a total transaction of C$40,455.23.

Dream Office Real Estate Investment Trst Stock Up 0.3 %

D.UN stock opened at C$22.84 on Friday. The firm has a market cap of C$373.21 million, a PE ratio of -7.85 and a beta of 1.21. Dream Office Real Estate Investment Trst has a one year low of C$14.50 and a one year high of C$23.34. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08. The firm’s 50 day moving average price is C$20.41 and its 200-day moving average price is C$19.18.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on D.UN. National Bankshares upped their price target on Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a research report on Wednesday, October 9th. Scotiabank raised their price target on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the stock a “sector perform” rating in a report on Wednesday, August 14th. Cormark cut their target price on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research report 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 note on Monday, September 23rd. Finally, TD Securities boosted their target price 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 analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Dream Office Real Estate Investment Trst presently has a consensus rating of “Hold” and a consensus price target of C$18.75.

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.