Dream Office Real Estate Investment Trst (TSE:D.UN) Receives C$20.14 Consensus Target Price from Analysts

Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) have been assigned an average rating of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$20.50.

A number of research firms have recently commented on D.UN. Desjardins dropped their price objective on Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating for the company in a report on Tuesday, February 25th. Scotiabank dropped their price objective on Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating for the company in a report on Tuesday, February 25th.

Dream Office Real Estate Investment Trst Trading Down 0.6 %

D.UN stock opened at C$17.80 on Tuesday. The company has a market cap of C$290.85 million, a price-to-earnings ratio of -6.12 and a beta of 1.21. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31. The business has a fifty day simple moving average of C$18.07 and a 200-day simple moving average of C$19.42. Dream Office Real Estate Investment Trst has a 52 week low of C$15.11 and a 52 week high of C$23.04.

About Dream Office Real Estate Investment Trst

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.