Dream Office Real Estate Investment Trst (D.UN) Price Target Raised to C$22.50 at Desjardins

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective raised by investment analysts at Desjardins from C$21.00 to C$22.50 in a research report issued to clients and investors on Tuesday. Desjardins’ target price suggests a potential upside of 5.58% from the company’s previous close.

Other research analysts have also recently issued reports about the stock. TD Securities increased their target price on shares of Dream Office Real Estate Investment Trst from C$23.00 to C$24.00 and gave the company a “buy” rating in a report on Monday. Royal Bank Of Canada increased their target price on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$22.00 in a report on Monday. Canaccord Genuity reaffirmed a “buy” rating and issued a C$26.25 target price on shares of Dream Office Real Estate Investment Trst in a report on Monday. Scotiabank increased their target price on shares of Dream Office Real Estate Investment Trst from C$20.50 to C$20.75 and gave the company a “sector perform” rating in a report on Monday, August 14th. Finally, National Bank Financial cut shares of Dream Office Real Estate Investment Trst from an “outperform” rating to a “sector perform” rating and set a C$22.00 price objective for the company. in a research note on Wednesday, October 4th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of C$22.43.

Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) traded up C$0.02 during trading on Tuesday, reaching C$21.31. 92,664 shares of the company’s stock were exchanged, compared to its average volume of 186,186. Dream Office Real Estate Investment Trst has a 12 month low of C$16.55 and a 12 month high of C$22.25.

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About Dream Office Real Estate Investment Trst

Dream Office Real Estate Investment Trust (the Trust), formerly Dundee Real Estate Investment Trust, is a Canada-based open-ended investment trust. The Trust’s segments include Western Canada, Calgary downtown, Calgary suburban, Toronto downtown, Toronto suburban, Eastern Canada and Other. It is engaged in building and maintaining a diversified portfolio of office properties in Canada, based on an established platform, and providing cash distributions to unitholders and managing distributions over time.

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

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