Dream Office Real Estate Investment Trst (TSE:D.UN – Get Rating) had its price objective decreased by TD Securities from C$19.50 to C$18.00 in a report released on Wednesday, BayStreet.CA reports. The firm currently has a “buy” rating on the real estate investment trust’s stock. TD Securities’ price objective would indicate a potential upside of 23.97% from the company’s current price.
Other analysts have also recently issued research reports about the stock. Scotiabank dropped their price objective on shares of Dream Office Real Estate Investment Trst from C$20.00 to C$19.50 in a research note on Tuesday, February 21st. Royal Bank of Canada decreased their price target on shares of Dream Office Real Estate Investment Trst from C$19.50 to C$18.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 21st. Canaccord Genuity Group decreased their price target on shares of Dream Office Real Estate Investment Trst from C$16.00 to C$15.50 in a research report on Wednesday. CIBC cut shares of Dream Office Real Estate Investment Trst from an “outperform” rating to a “neutral” rating and decreased their price target for the company from C$20.00 to C$17.50 in a research report on Thursday, April 13th. Finally, National Bankshares upgraded shares of Dream Office Real Estate Investment Trst from a “sector perform” rating to an “outperform” rating and decreased their price objective for the stock from C$18.50 to C$16.00 in a research report on Tuesday, April 18th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$17.69.
Dream Office Real Estate Investment Trst Stock Performance
Shares of D.UN opened at C$14.52 on Wednesday. The firm has a 50-day moving average of C$14.07 and a 200-day moving average of C$15.21. Dream Office Real Estate Investment Trst has a one year low of C$12.53 and a one year high of C$23.50. The company has a market cap of C$655.14 million, a PE ratio of 33.77 and a beta of 1.07. The company has a debt-to-equity ratio of 89.86, a current ratio of 0.50 and a quick ratio of 0.16.
Dream Office Real Estate Investment Trst Company Profile
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality central business district office properties in major urban centres across Canada, with a focus on downtown Toronto.
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