Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target Lowered to C$19.50 at Desjardins

Dream Office Real Estate Investment Trst (TSE:D.UN) had its target price cut by Desjardins from C$21.00 to C$19.50 in a report published on Tuesday morning,BayStreet.CA reports. They currently have a hold rating on the real estate investment trust’s stock.

Separately, Scotiabank decreased their price objective on shares of 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 research report on Tuesday. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$20.50.

Dream Office Real Estate Investment Trst Trading Up 2.5 %

TSE D.UN opened at C$18.34 on Tuesday. Dream Office Real Estate Investment Trst has a 12 month low of C$14.90 and a 12 month high of C$23.04. The company has a current ratio of 0.08, a quick ratio of 0.16 and a debt-to-equity ratio of 115.31. The stock has a 50 day moving average of C$18.06 and a 200-day moving average of C$19.42. The company has a market cap of C$299.68 million, a PE ratio of -6.30 and a beta of 1.21.

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.