Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) had its target price decreased by equities research analysts at Canaccord Genuity Group from C$20.00 to C$16.50 in a research note issued to investors on Monday,BayStreet.CA reports. Canaccord Genuity Group's target price would suggest a potential upside of 6.52% from the company's current price.
Other equities research analysts have also recently issued research reports about the stock. Scotiabank decreased their target price on shares of 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. Desjardins decreased their target price on shares of 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 report on Tuesday, February 25th.
Get Our Latest Research Report on D.UN
Dream Office Real Estate Investment Trst Stock Down 0.1%
Shares of TSE D.UN traded down C$0.01 during midday trading on Monday, reaching C$15.49. 9,498 shares of the company's stock traded hands, compared to its average volume of 18,687. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31. The stock's 50 day simple moving average is C$16.35 and its 200-day simple moving average is C$17.83. Dream Office Real Estate Investment Trst has a one year low of C$14.05 and a one year high of C$23.04. The company has a market cap of C$253.11 million, a price-to-earnings ratio of -5.32 and a beta of 1.21.
Insiders Place Their Bets
In related news, Senior Officer Robert Michael Lockwood Hughes sold 1,544 shares of the firm's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of C$17.94, for a total transaction of C$27,702.29. Also, insider Artis Real Estate Investment Trust purchased 15,800 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average price of C$17.40 per share, for a total transaction of C$274,961.08. Over the last quarter, insiders sold 2,355 shares of company stock valued at $40,519. Insiders own 47.23% of the company's stock.
Dream Office Real Estate Investment Trst Company Profile
(
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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.
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