Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$10.54 and traded as high as C$16.47. Dream Office Real Estate Investment Trst shares last traded at C$16.15, with a volume of 231,408 shares traded.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on D.UN shares. Desjardins reduced their price objective on Dream Office Real Estate Investment Trst from C$10.00 to C$8.50 and set a “buy” rating on the stock in a research note on Friday, February 16th. Scotiabank dropped 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 on the stock in a research report on Thursday, February 22nd. National Bankshares upped their target price on Dream Office Real Estate Investment Trst from C$8.50 to C$11.00 and gave the company a “sector perform” rating in a research report on Monday, January 29th. Cormark lifted 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, Royal Bank of Canada reduced their price objective 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 report on Friday, February 23rd. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$11.78.
Get Our Latest Stock Report on Dream Office Real Estate Investment Trst
Dream Office Real Estate Investment Trst Stock Performance
Insider Buying and Selling at Dream Office Real Estate Investment Trst
In related news, insider Artis Real Estate Investment Trust acquired 13,300 shares of the company’s stock in a transaction on Wednesday, March 27th. The shares were purchased at an average price of C$16.21 per share, for a total transaction of C$215,631.57. 74.38% of the stock is owned by corporate insiders.
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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