Dream Office Real Estate Investment Trst (TSE:D.UN) Given Average Recommendation of “Hold” by Brokerages

Dream Office Real Estate Investment Trst (TSE:D.UN) has earned a consensus rating of “Hold” from the six analysts that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$20.50.

Several equities analysts have recently issued reports on the company. Desjardins decreased their target price on Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating for the company in a research report on Tuesday, February 25th. Scotiabank decreased their price objective on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating for the company in a report on Tuesday, February 25th.

Insider Buying and Selling at Dream Office Real Estate Investment Trst

In other news, Senior Officer Robert Michael Lockwood Hughes sold 1,544 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of C$17.94, for a total value of C$27,702.29. Also, insider Artis Real Estate Investment Trust purchased 15,800 shares of Dream Office Real Estate Investment Trst stock in a transaction dated Thursday, March 13th. The shares were purchased at an average price of C$17.40 per share, for a total transaction of C$274,961.08. Company insiders own 47.23% of the company’s stock.

Dream Office Real Estate Investment Trst Price Performance

Dream Office Real Estate Investment Trst stock opened at C$16.37 on Wednesday. The business’s 50-day simple moving average is C$17.39 and its 200 day simple moving average is C$18.73. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31. The stock has a market cap of C$267.49 million, a price-to-earnings ratio of -5.63 and a beta of 1.21. Dream Office Real Estate Investment Trst has a 12-month low of C$14.05 and a 12-month high of C$23.04.

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.