DREAM Unlimited (TSE:DRM) PT Raised to C$13.75

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DREAM Unlimited (TSE:DRM) had its target price boosted by Canaccord Genuity from C$12.00 to C$13.75 in a research report report published on Monday morning, BayStreet.CA reports.

Separately, TD Securities boosted their target price on DREAM Unlimited from C$11.50 to C$12.00 and gave the company an action list buy rating in a research report on Friday, August 16th.

TSE DRM opened at C$9.61 on Monday. The company has a market cap of $880.56 million and a P/E ratio of 39.71. The company has a debt-to-equity ratio of 87.52, a quick ratio of 0.69 and a current ratio of 2.54. The business’s 50 day moving average price is C$8.52 and its 200-day moving average price is C$7.87. DREAM Unlimited has a fifty-two week low of C$6.54 and a fifty-two week high of C$10.11.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 30th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, September 12th. DREAM Unlimited’s dividend payout ratio is currently 41.32%.

About DREAM Unlimited

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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