TD Securities Lowers Dream Unlimited (TSE:DRM) Price Target to C$27.00

Dream Unlimited (TSE:DRM) had its price target cut by investment analysts at TD Securities from C$28.00 to C$27.00 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price suggests a potential upside of 51.26% from the stock’s current price.

Dream Unlimited Trading Up 1.2%

Dream Unlimited stock opened at C$17.85 on Thursday. The stock has a market cap of C$725.66 million, a P/E ratio of -33.35 and a beta of 1.39. Dream Unlimited has a fifty-two week low of C$16.60 and a fifty-two week high of C$33.95. The firm’s fifty day moving average price is C$18.65 and its 200-day moving average price is C$21.33. The company has a debt-to-equity ratio of 135.03, a quick ratio of 0.67 and a current ratio of 5.58.

Insider Transactions at Dream Unlimited

In related news, Director Jane Gavan sold 8,355 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of C$19.84, for a total value of C$165,763.20. Also, Director Jennifer Koss sold 3,076 shares of the stock in a transaction on Friday, April 4th. The shares were sold at an average price of C$18.64, for a total value of C$57,336.64. Insiders own 47.16% of the company’s stock.

Dream Unlimited Company Profile

DREAM Unlimited Corp is a real estate company. The company’s divisions include Asset management; Stabilized income generating assets; Urban development – Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.