Dream Unlimited (TSE:DRM) Given a C$25.00 Price Target by Scotia Analysts

Dream Unlimited (TSE:DRM) has been given a C$25.00 price target by stock analysts at Scotia in a note issued to investors on Thursday, BayStreet reports. The firm currently has a “sector outperform” rating on the stock. Scotia’s price target points to a potential upside of 42.86% from the stock’s previous close.

Separately, TD upped their target price on shares of Dream Unlimited from C$29.00 to C$30.00 and gave the company a “buy” rating in a research note on Friday, June 5th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Dream Unlimited has a consensus rating of “Buy” and a consensus price target of C$28.00.

Dream Unlimited Stock Down 1.4%

Shares of TSE:DRM traded down C$0.24 during mid-day trading on Thursday, hitting C$17.50. 17,565 shares of the company traded hands, compared to its average volume of 35,323. The firm has a market cap of C$734.00 million, a P/E ratio of 83.33 and a beta of 1.44. The company has a debt-to-equity ratio of 145.27, a quick ratio of 0.67 and a current ratio of 209.05. Dream Unlimited has a 52-week low of C$17.00 and a 52-week high of C$22.66. The firm’s 50 day simple moving average is C$19.12 and its 200 day simple moving average is C$19.31.

Dream Unlimited (TSE:DRM) last released its quarterly earnings results on Tuesday, August 11th. The company reported C($0.02) earnings per share for the quarter. Dream Unlimited had a return on equity of 0.61% and a net margin of 1.87%.The company had revenue of C$0.07 million during the quarter. On average, equities analysts anticipate that Dream Unlimited will post 1.9481391 EPS for the current year.

About Dream Unlimited

DREAM Unlimited Corp is a real estate company. The company’s divisions include Asset management; Stabilized income generating assets; Urban development – Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.