TD Securities Lowers Dream Office Real Estate Investment Trust (TSE:D.UN) Price Target to C$15.00

Dream Office Real Estate Investment Trust (TSE:D.UN – Free Report) had its price target reduced by TD Securities from C$17.00 to C$15.00 in a research report sent to investors on Wednesday morning, BayStreet.CA reports.

A number of other brokerages have also recently weighed in on D.UN. CIBC cut Dream Office Real Estate Investment Trust from an outperform rating to a neutral rating and dropped their price objective for the company from C$20.00 to C$17.50 in a research note on Thursday, April 13th. Cormark raised Dream Office Real Estate Investment Trust from a market performing rating to a buy rating and dropped their price objective for the company from C$20.50 to C$17.00 in a research note on Thursday, May 18th. National Bankshares raised Dream Office Real Estate Investment Trust from a sector performance rating to an outperform rating and dropped their price objective for the company from C$18.50 to C$16.00 in a research note on Tuesday, April 18th. Finally, Canaccord Genuity Group dropped their price objective on Dream Office Real Estate Investment Trust from C$16.00 to C$15.50 in a research note on Wednesday, May 17th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Dream Office Real Estate Investment Trust currently has a consensus rating of Moderate Buy and an average target price of C$17.31.

Dream Office Real Estate Investment Trust Trading Up 0.6 %

Shares of TSE D.UN opened at C$13.18 on Wednesday. Dream Office Real Estate Investment Trust has a twelve month low of C$12.24 and a twelve month high of C$20.45. The company has a current ratio of 0.12, a quick ratio of 0.16 and a debt-to-equity ratio of 84.10. The stock has a fifty day simple moving average of C$14.03 and a 200-day simple moving average of C$14.89. The stock has a market capitalization of C$429.93 million, a PE ratio of 30.65 and a beta of 0.98.

Dream Office Real Estate Investment Trust 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 centers across Canada, with a focus on downtown Toronto.

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Analyst Recommendations for Dream Office Real Estate Investment Trust (TSE:D.UN)

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