Dream Office Real Estate Investment Trieste (TSE: D.UN – Get rating) Its price was reduced by CIBC analysts from C $ 28.50 to C $ 27.00 in a research report issued to clients and investors on Monday, BayStreet.CA reported. CIBC’s target price implies a potential increase of 39.25% compared to the previous closure of the company.
D.UN is the subject of several other reports. Royal Bank of Canada lowered its target price for Dream Office Real Estate Investment Trieste from C $ 27.00 to C $ 26.00 and set a rating for the “manufacturing sector” shares in a research report on Monday, May 9. Canaccord Genuity Group downgraded Dream Office Real Estate Investment Trieste to a “hold” rating and set a target price of C $ 26.50 for the shares. in a research report on Wednesday, April 6th. Scotiabank reduced its price target for the Dream Office Real Estate Investment Trieste from C $ 26.50 to C $ 26.25 in a research report Monday, May 9. Finally, TD Securities lowered its target price for Dream Office Real Estate Investment Trieste from C $ 33.00 to C $ 32.00 and set a “buy” rating for the shares in a research report on Monday, May 9th. Three investment analysts rated the shares with a retention rating, and three assigned a rating to buy the company’s shares. According to MarketBeat, the shares have a consensus rating of “Moderate Buying” and an average target price of C $ 27.03.
Shares of D.UN traded down 0.28 Canadian dollars during trading in the middle of the day on Monday, reaching 19.39 Canadian dollars. The trading volume of the shares is 65,694 shares, compared to its average volume of 147,751. Dream Office Real Estate Investment Trieste has the lowest value in 12 months of C $ 18.94 and a 12-month peak of C $ 30.53. The company has a market capitalization of C $ 911.91 million and a P / E ratio of 4.66. The company’s 50-day moving average is C $ 23.07, and its 200-day moving average is C $ 24.88. The company has a debt to equity ratio of 84.36, a current ratio of 0.15 and a fast ratio of 0.11.
In other news, CEO Michael Cooper bought 26,400 shares of the business in a deal on Wednesday (May 11th). The shares were acquired at an average price of C $ 22.73 per share, for a total transaction of C $ 600,127.44. Following the completion of the transaction, the director now owns 12,924,702 shares of the company’s shares worth C $ 293,805,618.33. Also, a senior officer of Dream Asset Management Corporation bought 10,400 shares of the company’s shares in a deal made on Thursday, May 12th. The shares were purchased at an average price of C $ 22.60 per share, for a total transaction of C $ 235,040. Following the transaction, the insider now directly owns 8,462,915 shares in the company worth C $ 191,261,879. Over the past 90 days, insiders have purchased 169,100 shares of the company’s stock worth $ 3,837,094.
Dream Office Real Estate Investment Trieste Company profile (Get a rating)
Dream Office REIT is an unincorporated, open real estate investment trust. Dream Office REIT has well-located, high-quality central offices for business districts in major urban centers in Canada, with a focus on downtown Toronto.
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