Dream Unlimited (TSE:DRM – Get Rating) had its price objective lowered by equities research analysts at TD Securities from C$46.00 to C$44.00 in a report issued on Tuesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price objective would suggest a potential upside of 38.45% from the stock’s current price.
Separately, CIBC cut their target price on Dream Unlimited from C$53.00 to C$50.00 in a research note on Monday.
Dream Unlimited Stock Performance
TSE DRM opened at C$31.78 on Tuesday. The company has a fifty day simple moving average of C$32.25 and a 200 day simple moving average of C$41.17. Dream Unlimited has a 12-month low of C$25.73 and a 12-month high of C$50.71. The company has a current ratio of 2.12, a quick ratio of 0.59 and a debt-to-equity ratio of 101.19. The company has a market cap of C$1.35 billion and a P/E ratio of 6.03.
Dream Unlimited Company Profile
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Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.
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