Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target Raised to C$18.50

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective hoisted by CIBC from C$17.50 to C$18.50 in a research note released on Tuesday morning,BayStreet.CA reports.

A number of other equities research analysts have also weighed in on the company. Cormark raised their price objective on Dream Office Real Estate Investment Trst from C$20.00 to C$23.50 in a research note on Friday, September 12th. Scotiabank raised their price target 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 research report on Tuesday, August 12th. Finally, National Bankshares lifted 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. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$19.58.

Dream Office Real Estate Investment Trst Stock Performance

Shares of D.UN stock opened at C$17.21 on Tuesday. 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 debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16. The firm has a market capitalization of C$281.71 million, a P/E ratio of -1.96 and a beta of 1.21. The company’s fifty day moving average price is C$19.29 and its two-hundred day moving average price is C$17.26.

Dream Office Real Estate Investment Trst (TSE:D.UN) last announced its earnings results on Thursday, November 6th. The real estate investment trust reported C($3.09) earnings per share 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%. The business had revenue of C$45.94 million for the quarter. On average, research analysts anticipate that Dream Office Real Estate Investment Trst will post 1.4893899 earnings per share for the current fiscal year.

About Dream Office Real Estate Investment Trst

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.