Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) had its target price raised by equities researchers at TD Securities from C$18.00 to C$20.00 in a report released on Wednesday, BayStreet.CA reports. The firm presently has a “hold” rating on the real estate investment trust’s stock. TD Securities’ price objective would indicate a potential upside of 1.78% from the company’s current price.
A number of other research analysts also recently commented on D.UN. Desjardins increased their target price on shares of Dream Office Real Estate Investment Trst from C$17.00 to C$18.00 and gave the company a “hold” rating in a research report on Monday, May 13th. CIBC lifted their target price 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 report on Monday, May 13th. Cormark decreased their target price on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research report on Monday, August 19th. Canaccord Genuity Group lifted their price target on Dream Office Real Estate Investment Trst from C$16.75 to C$17.25 and gave the stock a “hold” rating in a research report on Tuesday, August 13th. Finally, Scotiabank increased their price objective on Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the company a “sector perform” rating in a report on Wednesday, August 14th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$18.00.
Check Out Our Latest Report on D.UN
Dream Office Real Estate Investment Trst Stock Up 2.1 %
Insider Activity at Dream Office Real Estate Investment Trst
In other news, Director Jane Gavan sold 1,500 shares of the company’s 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 other news, insider Artis Real Estate Investment Trust bought 39,500 shares of the firm’s stock in a transaction on Wednesday, June 19th. The stock was purchased at an average price of C$18.82 per share, for a total transaction of C$743,247.80. Also, Director Jane Gavan sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of C$18.13, for a total transaction of C$27,201.00. Insiders acquired a total of 91,200 shares of company stock valued at $1,692,583 in the last quarter. Insiders own 47.30% of the company’s stock.
Dream Office Real Estate Investment Trst Company Profile
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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