Dream Office Real Estate Investment Trst (TSE:D.UN) Receives C$27.33 Consensus Price Target from Analysts

Dream Office Real Estate Investment Trst (TSE:D.UNGet Rating) has been assigned a consensus recommendation of “Buy” from the ten analysts that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$27.33.

A number of equities analysts have recently weighed in on the stock. TD Securities upped their price target on shares of Dream Office Real Estate Investment Trst from C$29.00 to C$33.00 and gave the stock a “buy” rating in a research note on Tuesday, March 22nd. Canaccord Genuity Group downgraded Dream Office Real Estate Investment Trst to a “hold” rating and set a C$26.50 price target for the company. in a research note on Wednesday, April 6th. Royal Bank of Canada boosted their price target on Dream Office Real Estate Investment Trst from C$26.00 to C$27.00 and gave the company a “sector perform” rating in a research note on Friday, February 25th. BMO Capital Markets lifted their target price on shares of Dream Office Real Estate Investment Trst from C$25.50 to C$27.50 in a research note on Tuesday, February 22nd. Finally, National Bankshares lowered shares of Dream Office Real Estate Investment Trst to a “hold” rating and set a C$27.00 price objective for the company. in a research note on Monday, January 17th.

In related news, Director Michael Cooper purchased 30,000 shares of the firm’s stock in a transaction on Monday, March 14th. The shares were bought at an average cost of C$28.67 per share, for a total transaction of C$860,073.00. Following the transaction, the director now directly owns 12,760,002 shares of the company’s stock, valued at approximately C$365,817,773.34.

D.UN stock opened at C$27.14 on Friday. The company has a 50 day moving average of C$27.23 and a two-hundred day moving average of C$24.99. The company has a market cap of C$1.31 billion and a price-to-earnings ratio of 8.45. Dream Office Real Estate Investment Trst has a 12-month low of C$21.00 and a 12-month high of C$30.53. The company has a quick ratio of 0.13, a current ratio of 0.17 and a debt-to-equity ratio of 83.15.

About Dream Office Real Estate Investment Trst (Get Rating)

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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Analyst Recommendations for Dream Office Real Estate Investment Trst (TSE:D.UN)

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