Dream Office Real Estate Investment Trst (TSE:D.UN) Given Consensus Rating of “Hold” by Brokerages

Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) have received an average recommendation of “Hold” from the seven research firms that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$14.03.

Several research firms have commented on D.UN. Canaccord Genuity Group dropped their target price on Dream Office Real Estate Investment Trst from C$13.00 to C$11.75 and set a “hold” rating for the company in a research report on Monday, September 11th. Desjardins dropped their target price on Dream Office Real Estate Investment Trst from C$10.50 to C$10.00 and set a “hold” rating for the company in a research report on Monday, November 13th. CIBC dropped their target price on Dream Office Real Estate Investment Trst from C$11.00 to C$10.00 and set a “neutral” rating for the company in a research report on Monday, November 13th. Royal Bank of Canada dropped their target price on Dream Office Real Estate Investment Trst from C$17.00 to C$15.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 8th. Finally, Cormark dropped their target price on Dream Office Real Estate Investment Trst from C$17.00 to C$15.50 and set a “buy” rating for the company in a research report on Monday, August 21st.

Dream Office Real Estate Investment Trst Price Performance

Shares of D.UN stock opened at C$9.18 on Thursday. The company has a quick ratio of 0.16, a current ratio of 0.23 and a debt-to-equity ratio of 105.85. Dream Office Real Estate Investment Trst has a twelve month low of C$7.25 and a twelve month high of C$17.23. The company has a market cap of C$299.45 million, a P/E ratio of -4.33 and a beta of 1.12. The business has a fifty day simple moving average of C$9.20 and a 200 day simple moving average of C$12.11.

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.