Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target Raised to C$20.00

Dream Office Real Estate Investment Trst (TSE:D.UN) had its target price upped by National Bankshares from C$19.00 to C$20.00 in a research report released on Thursday morning,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the real estate investment trust’s stock.

Separately, Canadian Imperial Bank of Commerce lifted their target price on Dream Office Real Estate Investment Trst from C$17.50 to C$18.50 in a research report on Tuesday, November 11th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Dream Office Real Estate Investment Trst currently has a consensus rating of “Hold” and a consensus target price of C$19.33.

Dream Office Real Estate Investment Trst Trading Up 3.0%

TSE:D.UN opened at C$19.26 on Thursday. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16. Dream Office Real Estate Investment Trst has a one year low of C$14.05 and a one year high of C$21.59. The company has a market cap of C$315.27 million, a PE ratio of -2.41 and a beta of 1.23. The firm has a 50-day moving average of C$18.31 and a 200-day moving average of C$18.21.

Dream Office Real Estate Investment Trst (TSE:D.UN) last announced its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported C($3.09) earnings per share for the quarter. The business had revenue of C$45.94 million during the quarter. Dream Office Real Estate Investment Trst had a negative net margin of 19.55% and a negative return on equity of 3.21%. As a group, equities research analysts expect that Dream Office Real Estate Investment Trst will post 1.4893899 EPS for the current fiscal year.

Dream Office Real Estate Investment Trst Company Profile

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company’s real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid- to long-term lease agreements with tenants.