Dream Office Real Estate Investment Trst (TSE:D.UN) Insider Artis Real Estate Investment Trust Acquires 15,800 Shares

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust bought 15,800 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average cost of C$17.40 per share, with a total value of C$274,961.08.

Dream Office Real Estate Investment Trst Stock Down 0.5 %

Shares of D.UN stock opened at C$17.07 on Friday. 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 firm’s 50-day moving average is C$17.99 and its 200-day moving average is C$19.41. The stock has a market cap of C$278.92 million, a price-to-earnings ratio of -5.87 and a beta of 1.21. Dream Office Real Estate Investment Trst has a 52-week low of C$15.31 and a 52-week high of C$23.04.

Wall Street Analysts Forecast Growth

D.UN has been the topic of several analyst reports. Scotiabank cut their price target on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Desjardins cut their price target on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating on the stock in a research report on Tuesday, February 25th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Dream Office Real Estate Investment Trst has an average rating of “Hold” and an average price target of C$20.50.

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.