Scotiabank Issues Pessimistic Forecast for Dream Office Real Estate Investment Trst (TSE:D.UN) Stock Price

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price target lowered by analysts at Scotiabank from C$21.00 to C$20.50 in a report issued on Tuesday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s target price indicates a potential upside of 10.93% from the company’s previous close.

Dream Office Real Estate Investment Trst Price Performance

Shares of TSE:D.UN opened at C$18.48 on Tuesday. Dream Office Real Estate Investment Trst has a one year low of C$14.90 and a one year high of C$23.04. The stock has a fifty day moving average of C$18.08 and a 200-day moving average of C$19.42. The company has a market capitalization of C$301.96 million, a PE ratio of -6.35 and a beta of 1.21. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08.

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.