Dream Office Real Estate Investment Trst (TSE:D.UN) PT Lowered to C$24.00 at Scotiabank

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price target decreased by Scotiabank from C$24.50 to C$24.00 in a report published on Wednesday, BayStreet.CA reports.

D.UN has been the subject of several other research reports. National Bank Financial raised their price target on shares of Dream Office Real Estate Investment Trst from C$22.00 to C$23.00 and gave the company an outperform rating in a research report on Tuesday. Royal Bank of Canada reduced their price objective on shares of Dream Office Real Estate Investment Trst from C$25.00 to C$24.00 and set a sector perform rating on the stock in a report on Tuesday, February 23rd. Cormark restated a buy rating and issued a C$24.00 price objective on shares of Dream Office Real Estate Investment Trst in a report on Thursday, April 22nd. Finally, National Bankshares raised their price objective on shares of Dream Office Real Estate Investment Trst from C$22.00 to C$23.00 and gave the company an outperform rating in a report on Tuesday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Dream Office Real Estate Investment Trst has a consensus rating of Buy and an average target price of C$24.50.

Shares of D.UN stock opened at C$21.80 on Wednesday. The company has a quick ratio of 0.09, a current ratio of 0.10 and a debt-to-equity ratio of 81.31. Dream Office Real Estate Investment Trst has a 52 week low of C$16.84 and a 52 week high of C$23.54. The stock has a market capitalization of C$1.10 billion and a PE ratio of 6.23. The firm has a 50 day moving average of C$21.36 and a two-hundred day moving average of C$20.47.

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.

See Also: What is a Real Estate Investment Trust (REIT)?

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

Receive News & Ratings for Dream Office Real Estate Investment Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Office Real Estate Investment Trst and related companies with MarketBeat.com's FREE daily email newsletter.