Dream Office Real Estate Investment Trst (TSE:D.UN) Receives C$20.14 Consensus PT from Analysts

Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) have been given an average rating of “Hold” by the six research firms that are covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$20.50.

A number of analysts have recently issued reports on the stock. Scotiabank reduced their price target on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating for the company in a research report on Tuesday. Desjardins cut their price objective on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating on the stock in a research report on Tuesday.

Dream Office Real Estate Investment Trst Price Performance

TSE D.UN opened at C$18.05 on Tuesday. The company has a 50 day simple moving average of C$18.09 and a 200-day simple moving average of C$19.42. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16. The firm has a market capitalization of C$294.94 million, a price-to-earnings ratio of -6.20 and a beta of 1.21. Dream Office Real Estate Investment Trst has a 52-week low of C$14.90 and a 52-week high of C$23.04.

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.