Dream Office Real Estate Investment Trst (TSE:D.UN) Director Jaimie Donovan Acquires 10,000 Shares

Dream Office Real Estate Investment Trst (TSE:D.UN) Director Jaimie Donovan acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The stock was purchased at an average price of C$1.50 per share, with a total value of C$15,000.00.

Dream Office Real Estate Investment Trst Stock Performance

The stock has a market cap of C$365.20 million, a P/E ratio of -7.67 and a beta of 1.21. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08. The stock’s fifty day moving average is C$19.95 and its 200 day moving average is C$18.87. Dream Office Real Estate Investment Trst has a 12-month low of C$14.50 and a 12-month high of C$23.34.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Canaccord Genuity Group raised their price target on Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the stock a “hold” rating in a research note on Monday, September 23rd. National Bankshares raised their price target on Dream Office Real Estate Investment Trst from C$18.75 to C$22.50 in a report on Wednesday. Cormark decreased their price target on Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a report on Monday, August 19th. Scotiabank boosted their target price on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the company a “sector perform” rating in a research note on Wednesday, August 14th. Finally, TD Securities increased their target price on shares of Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the stock a “hold” rating in a report on Wednesday, September 4th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$18.75.

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.