DREAM Unlimited (DRM) Price Target Cut to C$10.50 by Analysts at CIBC

DREAM Unlimited (TSE:DRM) had its price objective reduced by CIBC from C$11.75 to C$10.50 in a report released on Thursday morning.

Separately, Canaccord Genuity boosted their price target on DREAM Unlimited from C$12.75 to C$13.00 in a research report on Thursday, August 16th.

DRM stock opened at C$7.01 on Thursday. DREAM Unlimited has a 12-month low of C$6.70 and a 12-month high of C$10.46. The company has a quick ratio of 1.07, a current ratio of 3.24 and a debt-to-equity ratio of 92.67.

In other news, Director Karine Macindoe purchased 6,500 shares of the stock in a transaction on Thursday, August 30th. The stock was purchased at an average price of C$7.89 per share, with a total value of C$51,285.00. Also, Director Michael Cooper purchased 575,600 shares of the stock in a transaction on Friday, November 16th. The shares were purchased at an average cost of C$7.00 per share, with a total value of C$4,029,200.00. In the last three months, insiders have acquired 589,040 shares of company stock valued at $4,138,503.

DREAM Unlimited Company Profile

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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