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

Dream Office Real Estate Investment Trst (TSE:D.UN - Free Report) had its price target lowered by Desjardins from C$21.00 to C$19.50 in a report issued on Tuesday,BayStreet.CA reports. Desjardins currently has a hold rating on the real estate investment trust's stock.

Separately, Scotiabank cut their price target 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 note on Tuesday. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Dream Office Real Estate Investment Trst currently has an average rating of "Hold" and a consensus target price of C$20.50.

Dream Office Real Estate Investment Trst Stock Down 0.8 %

D.UN traded down C$0.14 during midday trading on Tuesday, reaching C$17.91. The company's stock had a trading volume of 6,931 shares, compared to its average volume of 14,995. Dream Office Real Estate Investment Trst has a 1 year low of C$14.90 and a 1 year high of C$23.04. The stock's 50-day moving average is C$18.08 and its 200-day moving average is C$19.41. The firm has a market capitalization of C$292.65 million, a price-to-earnings ratio of -6.15 and a beta of 1.21. The company has a current ratio of 0.08, a quick ratio of 0.16 and a debt-to-equity ratio of 115.31.

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.