Dream Office Real Estate Investment Trst (TSE:D.UN) Receives Consensus Rating of “Hold” from Analysts

Dream Office Real Estate Investment Trst (TSE:D.UN) has been assigned a consensus rating of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$20.14.

A number of research analysts have issued reports on the company. Scotiabank decreased their target price on Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating on the stock in a research report on Tuesday. Desjardins reduced their price target on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating on the stock in a research note on Tuesday.

Dream Office Real Estate Investment Trst Price Performance

Shares of D.UN stock traded up C$0.63 during trading hours on Tuesday, reaching C$18.52. The company’s stock had a trading volume of 14,949 shares, compared to its average volume of 14,628. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.90 and a fifty-two week high of C$23.04. The firm’s 50 day simple moving average is C$18.06 and its 200-day simple moving average is C$19.42. 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 company has a market capitalization of C$302.62 million, a price-to-earnings ratio of -6.36 and a beta of 1.21.

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.