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 boosted by Desjardins from C$18.50 to C$20.00 in a report issued on Tuesday,BayStreet.CA reports. They currently have a hold rating on the real estate investment trust’s stock.

Other equities research analysts have also recently issued research reports about the stock. TD increased their price target on shares of Dream Office Real Estate Investment Trst from C$18.00 to C$18.50 and gave the company a “hold” rating in a report on Tuesday, May 12th. National Bank Financial boosted their price objective on shares of Dream Office Real Estate Investment Trst from C$20.00 to C$20.50 and gave the stock a “sector perform” rating in a report on Monday. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of C$20.17.

Dream Office Real Estate Investment Trst Stock Performance

Shares of Dream Office Real Estate Investment Trst stock opened at C$18.91 on Tuesday. Dream Office Real Estate Investment Trst has a 1 year low of C$15.35 and a 1 year high of C$21.59. The firm’s 50-day moving average is C$18.47 and its 200 day moving average is C$17.61. The stock has a market cap of C$310.05 million, a price-to-earnings ratio of -4.45 and a beta of 1.42. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.15.

Dream Office Real Estate Investment Trst (TSE:D.UN) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported C($0.38) earnings per share for the quarter. The firm had revenue of C$46.59 million for 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%. Sell-side analysts anticipate 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.