Dream Office Real Estate Investment Trst (TSE:D.UN – Free Report) had its price objective reduced by National Bankshares from C$19.00 to C$18.75 in a research note published on Wednesday, BayStreet.CA reports. They currently have an outperform rating on the real estate investment trust’s stock.
Several other brokerages have also weighed in on D.UN. Canaccord Genuity Group decreased their target price on shares of Dream Office Real Estate Investment Trst from C$10.00 to C$7.00 and set a hold rating on the stock in a research report on Friday, February 16th. Desjardins dropped their price target on shares of Dream Office Real Estate Investment Trst from C$10.00 to C$8.50 and set a buy rating for the company in a research note on Friday, February 16th. Royal Bank of Canada lowered their target price on shares of Dream Office Real Estate Investment Trst from C$10.00 to C$9.00 and set a sector perform rating for the company in a research note on Friday, February 23rd. Cormark increased their price objective on shares of Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a research report on Friday, March 8th. Finally, Scotiabank reduced their target price on shares of Dream Office Real Estate Investment Trst from C$11.00 to C$10.00 and set a sector perform rating for the company in a report on Thursday, February 22nd. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Hold and an average price target of C$13.75.
Check Out Our Latest Analysis on D.UN
Dream Office Real Estate Investment Trst Stock Performance
Insider Activity
In related news, Director Andrew Molson acquired 80,400 shares of the company’s stock in a transaction dated Wednesday, April 3rd. The shares were bought at an average cost of C$1.19 per share, with a total value of C$95,676.00. In other news, insider Artis Real Estate Investment Trust bought 1,900 shares of the firm’s stock in a transaction on Thursday, April 18th. The shares were purchased at an average cost of C$17.55 per share, with a total value of C$33,337.97. Also, Director Andrew Molson purchased 80,400 shares of Dream Office Real Estate Investment Trst stock in a transaction dated Wednesday, April 3rd. The stock was bought at an average price of C$1.19 per share, for a total transaction of C$95,676.00. Insiders have purchased 265,300 shares of company stock valued at $3,808,679 over the last ninety days. 74.38% of the stock is currently owned by company insiders.
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.
Read More
- Five stocks we like better than Dream Office Real Estate Investment Trst
- Where to Find Earnings Call Transcripts
- 3 Stocks Leading the U.S. Agriculture Comeback
- How to Read Stock Charts for Beginners
- How to Use Put Debit Spreads to Profit From Falling Stocks
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for Dream Office Real Estate Investment Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Office Real Estate Investment Trst and related companies with MarketBeat.com's FREE daily email newsletter.