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

Dream Office Real Estate Investment Trst (TSE:D.UN) had its target price decreased by stock analysts at Desjardins from C$21.00 to C$19.50 in a research note issued on Tuesday,BayStreet.CA reports. The firm currently has a “hold” rating on the real estate investment trust’s stock. Desjardins’ target price would indicate a potential upside of 5.52% from the company’s current price.

Separately, Scotiabank cut their target price on shares of 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 research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Dream Office Real Estate Investment Trst has an average rating of “Hold” and a consensus target price of C$20.50.

Dream Office Real Estate Investment Trst Stock Performance

Shares of TSE D.UN opened at C$18.48 on Tuesday. The company has a market cap of C$301.96 million, a PE ratio of -6.35 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 has a 12-month low of C$14.90 and a 12-month high of C$23.04. The stock has a 50 day simple moving average of C$18.08 and a 200-day simple moving average of C$19.42.

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.