Dream Office Real Estate Investment Trst (TSE:D.UN) Given New C$18.75 Price Target at National Bankshares

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective decreased by National Bankshares from C$19.00 to C$18.75 in a report published on Wednesday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the real estate investment trust’s stock.

D.UN has been the subject of several other research reports. Scotiabank lowered their price target on Dream Office Real Estate Investment Trst from C$11.00 to C$10.00 and set a sector perform rating for the company in a report on Thursday, February 22nd. TD Securities downgraded Dream Office Real Estate Investment Trst from a buy rating to a hold rating and lifted their target price for the stock from C$18.00 to C$21.00 in a report on Wednesday, April 10th. Cormark lifted their target price on Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a report on Friday, March 8th. Royal Bank of Canada decreased their target price on Dream Office Real Estate Investment Trst from C$10.00 to C$9.00 and set a sector perform rating for the company in a report on Friday, February 23rd. Finally, Canaccord Genuity Group decreased their target price on Dream Office Real Estate Investment Trst from C$10.00 to C$7.00 and set a hold rating for the company in a report on Friday, February 16th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Dream Office Real Estate Investment Trst currently has a consensus rating of Hold and an average price target of C$13.75.

Dream Office Real Estate Investment Trst Price Performance

Shares of TSE D.UN opened at C$19.11 on Wednesday. The company has a debt-to-equity ratio of 111.93, a quick ratio of 0.16 and a current ratio of 0.18. The company has a market cap of C$311.68 million, a PE ratio of -5.51 and a beta of 1.19. The business has a 50-day simple moving average of C$16.06 and a two-hundred day simple moving average of C$11.80. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.50 and a fifty-two week high of C$30.42.

Insider Activity at Dream Office Real Estate Investment Trst

In related news, insider Artis Real Estate Investment Trust purchased 9,400 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Friday, March 8th. The stock was bought at an average cost of C$15.38 per share, for a total transaction of C$144,540.04. In related news, insider Artis Real Estate Investment Trust purchased 9,400 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Friday, March 8th. The stock was bought at an average cost of C$15.38 per share, for a total transaction of C$144,540.04. Also, Director Andrew Molson purchased 80,400 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Wednesday, April 3rd. The shares were bought at an average price of C$1.19 per share, with a total value of C$95,676.00. Over the last ninety days, insiders purchased 265,300 shares of company stock worth $3,808,679. 74.38% of the stock is owned by corporate insiders.

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.