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.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Royal Bank of Canada reduced 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, August 8th. TD Securities decreased their target price 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 note on Monday, August 8th. Cormark dropped their price target on Dream Office Real Estate Investment Trst from C$27.00 to C$20.50 in a research report on Tuesday, August 9th. CIBC decreased their price objective on Dream Office Real Estate Investment Trst from C$27.00 to C$24.00 in a research report on Monday, August 8th. Finally, Scotiabank dropped their target price on Dream Office Real Estate Investment Trst from C$26.25 to C$24.00 in a report on Monday, August 8th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Dream Office Real Estate Investment Trst currently has a consensus rating of "Moderate Buy" and an average price target of C$23.56.

Dream Office Real Estate Investment Trst Trading Down 0.1 %

TSE:D.UN opened at C$19.93 on Tuesday. Dream Office Real Estate Investment Trst has a 1 year low of C$18.52 and a 1 year high of C$30.53. The company has a debt-to-equity ratio of 82.70, a quick ratio of 0.10 and a current ratio of 0.14. The stock has a fifty day moving average price of C$19.75 and a two-hundred day moving average price of C$23.72. The stock has a market capitalization of C$937.41 million and a price-to-earnings ratio of 4.60.

Insider Transactions at Dream Office Real Estate Investment Trst

In related news, insider Artis Real Estate Investment Trust purchased 9,300 shares of Dream Office Real Estate Investment Trst stock in a transaction dated Friday, August 12th. The stock was bought at an average cost of C$19.87 per share, for a total transaction of C$184,811.46. Following the transaction, the insider now owns 5,613,573 shares in the company, valued at C$111,554,045.37. Insiders have purchased a total of 130,300 shares of company stock valued at $2,522,918 in the last ninety days.