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Scotiabank Has Lowered Expectations for Dream Office Real Estate Investment Trst (TSE:D.UN) Stock Price

Dream Office Real Estate Investment Trst logo with Real Estate background
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Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) had its price objective dropped by Scotiabank from C$21.00 to C$20.50 in a report released on Tuesday,BayStreet.CA reports. The firm currently has a "sector perform" rating on the real estate investment trust's stock. Scotiabank's target price points to a potential upside of 14.46% from the stock's previous close.

Dream Office Real Estate Investment Trst Trading Down 0.8 %

Shares of D.UN traded down C$0.14 during mid-day trading on Tuesday, hitting C$17.91. 6,931 shares of the company's stock traded hands, compared to its average volume of 14,995. 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 firm has a market capitalization of C$292.65 million, a P/E ratio of -6.15 and a beta of 1.21. The business's 50-day moving average price is C$18.08 and its 200-day moving average price is C$19.41. Dream Office Real Estate Investment Trst has a 1 year low of C$14.90 and a 1 year high of C$23.04.

About Dream Office Real Estate Investment Trst

(Get Free Report)

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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