National Bankshares Boosts Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target to C$22.50

Dream Office Real Estate Investment Trst (TSE:D.UN) had its target price upped by National Bankshares from C$18.75 to C$22.50 in a report issued on Wednesday morning, BayStreet.CA reports.

Several other research analysts also recently commented on D.UN. TD Securities lifted 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 research note on Wednesday, September 4th. Cormark cut their price target on shares of Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a report on Monday, August 19th. Scotiabank lifted their price target 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 report on Wednesday, August 14th. Finally, Canaccord Genuity Group lifted their price target on shares of Dream Office Real Estate Investment Trst from C$17.25 to C$19.50 and gave the company a hold rating in a report on Monday, September 23rd. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of Hold and an average target price of C$18.75.

Dream Office Real Estate Investment Trst Trading Up 0.4 %

D.UN stock opened at C$22.44 on Wednesday. The company has a market capitalization of C$366.67 million, a PE ratio of -7.71 and a beta of 1.21. Dream Office Real Estate Investment Trst has a one year low of C$14.50 and a one year high of C$23.34. The company’s 50 day moving average price is C$20.01 and its two-hundred day moving average price is C$18.94. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08.

Insiders Place Their Bets

In other news, Director Jane Gavan sold 14,700 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of C$22.24, for a total transaction of C$326,975.04. 47.23% of the stock is owned by 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.