Dream Office Real Estate Investment Trst (TSE:D.UN) Given New C$18.50 Price Target at CIBC

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price target raised by investment analysts at CIBC from C$17.50 to C$18.50 in a research report issued on Tuesday,BayStreet.CA reports. CIBC’s price objective points to a potential upside of 7.56% from the company’s current price.

A number of other research analysts also recently commented on D.UN. Cormark boosted their target price on Dream Office Real Estate Investment Trst from C$20.00 to C$23.50 in a research note on Friday, September 12th. National Bankshares increased their price target on shares of Dream Office Real Estate Investment Trst from C$17.00 to C$21.50 and gave the stock a “sector perform” rating in a research note on Wednesday, October 8th. Finally, Scotiabank upped their price objective on shares of Dream Office Real Estate Investment Trst from C$17.50 to C$18.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 12th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of C$19.58.

Dream Office Real Estate Investment Trst Price Performance

Dream Office Real Estate Investment Trst stock traded down C$0.29 during midday trading on Tuesday, hitting C$17.20. The company’s stock had a trading volume of 6,959 shares, compared to its average volume of 21,485. Dream Office Real Estate Investment Trst has a 12 month low of C$14.05 and a 12 month high of C$21.59. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31. The company has a market capitalization of C$281.55 million, a PE ratio of -1.96 and a beta of 1.21. The stock’s 50-day moving average price is C$19.27 and its 200-day moving average price is C$17.25.

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.