Dream Office Real Estate Investment Trst (TSE:D.UN) PT Lowered to C$15.50 at Canaccord Genuity Group

Dream Office Real Estate Investment Trst (TSE:D.UN – Get Rating) had its target price lowered by analysts at Canaccord Genuity Group from C$16.00 to C$15.50 in a report released on Wednesday, BayStreet.CA reports. Canaccord Genuity Group’s target price would suggest a potential upside of 6.75% from the stock’s current price.

D.UN has been the topic of a number of other research reports. CIBC lowered shares of Dream Office Real Estate Investment Trst from an “outperform” rating to a “neutral” rating and cut their price target for the company from C$20.00 to C$17.50 in a research note on Thursday, April 13th. TD Securities upped their price objective on shares of Dream Office Real Estate Investment Trst from C$18.00 to C$19.50 and gave the company a “buy” rating in a report on Tuesday, February 21st. Scotiabank decreased their price objective on shares of Dream Office Real Estate Investment Trst from C$20.00 to C$19.50 in a report on Tuesday, February 21st. Royal Bank of Canada decreased their price target on shares of Dream Office Real Estate Investment Trst from C$19.50 to C$18.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 21st. Finally, National Bankshares raised shares of Dream Office Real Estate Investment Trst from a “sector perform” rating to an “outperform” rating and cut their price objective for the stock from C$18.50 to C$16.00 in a research report on Tuesday, April 18th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$17.69.

Dream Office Real Estate Investment Trst Stock Down 0.5 %

Shares of TSE:D.UN opened at C$14.52 on Wednesday. The stock has a market cap of C$655.14 million, a price-to-earnings ratio of 33.77 and a beta of 1.07. The company has a 50 day moving average of C$14.07 and a 200-day moving average of C$15.21. The company has a debt-to-equity ratio of 89.86, a current ratio of 0.50 and a quick ratio of 0.16. Dream Office Real Estate Investment Trst has a one year low of C$12.53 and a one year high of C$23.50.

Dream Office Real Estate Investment Trst Company Profile

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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.