Dream Unlimited (TSE:DRM) Given New C$28.00 Price Target at TD Securities

Dream Unlimited (TSE:DRM) had its price objective dropped by equities research analysts at TD Securities from C$33.00 to C$28.00 in a research report issued on Monday,BayStreet.CA reports. TD Securities’ target price would suggest a potential upside of 56.34% from the stock’s previous close.

Dream Unlimited Price Performance

DRM traded down C$0.29 during trading hours on Monday, hitting C$17.91. The company’s stock had a trading volume of 6,894 shares, compared to its average volume of 33,762. Dream Unlimited has a 12 month low of C$16.60 and a 12 month high of C$33.95. The company has a current ratio of 5.58, a quick ratio of 0.67 and a debt-to-equity ratio of 135.03. The business’s 50-day moving average price is C$20.00 and its 200-day moving average price is C$23.41. The stock has a market cap of C$728.10 million, a price-to-earnings ratio of -33.46 and a beta of 1.39.

Insider Transactions at Dream Unlimited

In other news, Director Jennifer Koss sold 3,076 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of C$18.64, for a total transaction of C$57,336.64. Also, Director Jane Gavan sold 8,355 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of C$19.84, for a total value of C$165,763.20. Company insiders own 47.16% of the company’s stock.

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.