Dream Office Real Estate Investment Trst (TSE:D.UN) Given Consensus Rating of “Hold” by Brokerages

Dream Office Real Estate Investment Trst (TSE:D.UN) has earned a consensus rating of “Hold” from the six analysts that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$20.50.

D.UN has been the subject of a number of research analyst reports. Desjardins decreased their price target on Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating for the company in a research note on Tuesday, February 25th. Scotiabank decreased their target price on Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th.

Insider Buying and Selling at Dream Office Real Estate Investment Trst

In other news, Senior Officer Robert Michael Lockwood Hughes sold 1,544 shares of Dream Office Real Estate Investment Trst stock in a transaction on Monday, March 3rd. The stock was sold at an average price of C$17.94, for a total value of C$27,702.29. Also, insider Artis Real Estate Investment Trust purchased 15,800 shares of the business’s stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of C$17.40 per share, for a total transaction of C$274,961.08. 47.23% of the stock is currently owned by corporate insiders.

Dream Office Real Estate Investment Trst Price Performance

Shares of D.UN stock opened at C$17.82 on Friday. Dream Office Real Estate Investment Trst has a 52-week low of C$15.70 and a 52-week high of C$23.04. 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 has a market capitalization of C$291.18 million, a P/E ratio of -6.12 and a beta of 1.21. The stock has a 50 day moving average price of C$18.00 and a 200 day moving average price of C$19.37.

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.