Dream Unlimited (TSE:DRM) Price Target Raised to C$28.00 at TD Securities

Dream Unlimited (TSE:DRM) had its price objective hoisted by equities research analysts at TD Securities from C$27.00 to C$28.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 45.00% from the stock’s previous close.

Dream Unlimited Trading Up 7.7%

TSE DRM traded up C$1.38 on Thursday, reaching C$19.31. The company had a trading volume of 68,161 shares, compared to its average volume of 32,691. The firm has a market cap of C$814.73 million, a price-to-earnings ratio of 10.61 and a beta of 1.34. Dream Unlimited has a fifty-two week low of C$16.60 and a fifty-two week high of C$23.36. The business has a 50 day moving average of C$18.07 and a two-hundred day moving average of C$19.92. The company has a debt-to-equity ratio of 135.03, a current ratio of 5.58 and a quick ratio of 0.67.

Dream Unlimited (TSE:DRM) last released its quarterly earnings results on Wednesday, November 12th. The company reported C($0.35) EPS for the quarter. Dream Unlimited had a negative net margin of 4.18% and a negative return on equity of 1.59%. The company had revenue of C$114.58 million during the quarter. Analysts forecast 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.