Dream Office Real Estate Investment Trst - D.UN Stock Forecast, Price & News

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.

Dream Office Real Estate Investment Trst Trading Down 1.3 %

Shares of D.UN Stock opened at C$19.52 on Wednesday. The company has a debt-to-equity ratio of 84.36, a quick ratio of 0.11 and a current ratio of 0.15. The stock has a market capitalization of C$918.12 million and a P/E ratio of 5.48. The company has a 50 day moving average price of C$19.98 and a 200 day moving average price of C$23.84. Dream Office Real Estate Investment Trst has a fifty-two week low of C$18.52 and a fifty-two week high of C$30.53.

Wall Street Analysts Forecast Growth

D.UN has been the subject of a number of recent analyst reports. Royal Bank of Canada dropped their price target on shares of Dream Office Real Estate Investment Trst from C$22.00 to C$21.00 and set a "sector perform" rating for the company in a research report on Monday. National Bankshares lifted their price target on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$20.00 and gave the company a "sector perform" rating in a research report on Monday. TD Securities dropped their price target on shares of Dream Office Real Estate Investment Trst from C$26.00 to C$25.00 and set a "buy" rating for the company in a research report on Monday. CIBC dropped their price target on shares of Dream Office Real Estate Investment Trst from C$27.00 to C$24.00 in a research report on Monday. Finally, Scotiabank dropped their price target on shares of Dream Office Real Estate Investment Trst from C$26.25 to C$24.00 in a research report on Monday. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$23.56.

Insider Activity at Dream Office Real Estate Investment Trst

In other news, insider Artis Real Estate Investment Trust purchased 20,000 shares of the stock in a transaction on Monday, July 11th. The stock was bought at an average price of C$19.19 per share, for a total transaction of C$383,862.00. Following the acquisition, the insider now directly owns 5,388,073 shares of the company's stock, valued at approximately C$103,413,823.90. In other news, Senior Officer Dream Asset Management Corporation purchased 10,400 shares of the stock in a transaction on Thursday, May 12th. The stock was bought at an average price of C$22.60 per share, for a total transaction of C$235,040.00. Following the acquisition, the insider now directly owns 8,462,915 shares of the company's stock, valued at approximately C$191,261,879. Also, insider Artis Real Estate Investment Trust purchased 20,000 shares of the stock in a transaction on Monday, July 11th. The shares were purchased at an average price of C$19.19 per share, with a total value of C$383,862.00. Following the acquisition, the insider now directly owns 5,388,073 shares in the company, valued at C$103,413,823.90. Over the last quarter, insiders acquired 106,000 shares of company stock worth $2,073,420.