TD Securities Boosts Dream Unlimited (TSE:DRM) Price Target to C$29.00

Dream Unlimited (TSE:DRM) had its price target lifted by equities researchers at TD Securities from C$28.00 to C$29.00 in a report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price suggests a potential upside of 29.06% from the stock’s current price.

Dream Unlimited Trading Up 1.5%

TSE DRM opened at C$22.47 on Wednesday. Dream Unlimited has a one year low of C$16.60 and a one year high of C$23.36. The firm has a 50 day simple moving average of C$19.94 and a 200-day simple moving average of C$19.60. The firm has a market cap of C$948.05 million, a price-to-earnings ratio of 12.35 and a beta of 1.25. The company has a debt-to-equity ratio of 135.03, a quick ratio of 0.67 and a current ratio of 5.58.

Dream Unlimited (TSE:DRM) last released its earnings results on Tuesday, February 24th. The company reported C$0.69 earnings per share (EPS) for the quarter. Dream Unlimited had a negative return on equity of 1.59% and a negative net margin of 4.18%.The firm had revenue of C$202.81 million during the quarter. Equities research analysts anticipate that Dream Unlimited will post 1.9481391 EPS for the current fiscal year.

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.