Dream Office Real Estate Investment Trst (TSE:D.UN – Free Report) had its price objective lifted by TD Securities from C$18.00 to C$20.00 in a research report sent to investors on Wednesday, BayStreet.CA reports. TD Securities currently has a hold rating on the real estate investment trust’s stock.
Several other brokerages have also recently commented on D.UN. Scotiabank increased their target price on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the stock a sector perform rating in a report on Wednesday, August 14th. Cormark decreased their price objective on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a report on Monday, August 19th. Desjardins upped their target price on Dream Office Real Estate Investment Trst from C$17.00 to C$18.00 and gave the stock a hold rating in a report on Monday, May 13th. CIBC upped their price objective on Dream Office Real Estate Investment Trst from C$17.00 to C$19.00 and gave the stock a neutral rating in a research note on Monday, May 13th. Finally, Canaccord Genuity Group raised their target price on shares of Dream Office Real Estate Investment Trst from C$16.75 to C$17.25 and gave the company a hold rating in a research note on Tuesday, August 13th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of Hold and a consensus price target of C$18.00.
Get Our Latest Stock Report on D.UN
Dream Office Real Estate Investment Trst Trading Down 1.8 %
Insider Activity at Dream Office Real Estate Investment Trst
In other news, Director Jane Gavan sold 1,500 shares of the stock in a transaction dated Friday, July 5th. The shares were sold at an average price of C$18.13, for a total value of C$27,201.00. In other Dream Office Real Estate Investment Trst news, insider Artis Real Estate Investment Trust acquired 12,000 shares of the company’s stock in a transaction on Thursday, June 13th. The stock was acquired at an average price of C$19.43 per share, for a total transaction of C$233,184.00. Also, Director Jane Gavan sold 1,500 shares of the stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of C$18.13, for a total transaction of C$27,201.00. In the last quarter, insiders have acquired 91,200 shares of company stock worth $1,692,583. Company insiders own 47.30% of the company’s stock.
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.
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