Dream Office Real Estate Investment Trst (TSE:D.UN) Given New C$19.50 Price Target at Desjardins

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective trimmed by Desjardins from C$21.00 to C$19.50 in a research note issued to investors on Tuesday morning,BayStreet.CA reports. The firm currently has a hold rating on the real estate investment trust’s stock.

Separately, Scotiabank cut their target price on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating on the stock in a research note on Tuesday. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, Dream Office Real Estate Investment Trst currently has a consensus rating of “Hold” and a consensus price target of C$20.50.

Dream Office Real Estate Investment Trst Stock Performance

Shares of Dream Office Real Estate Investment Trst stock opened at C$18.05 on Tuesday. The firm has a market cap of C$294.94 million, a PE ratio of -6.20 and a beta of 1.21. The firm’s 50-day simple moving average is C$18.09 and its 200-day simple moving average is C$19.42. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08. Dream Office Real Estate Investment Trst has a 1 year low of C$14.90 and a 1 year high of C$23.04.

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.