Dream Office Real Estate Investment Trust (OTCMKTS:DRETF) Receives Consensus Rating of “Hold” from Brokerages

Dream Office Real Estate Investment Trust (OTCMKTS:DRETFGet Rating) has received an average recommendation of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation. The average 1-year price target among brokers that have issued a report on the stock in the last year is $27.03.

Separately, National Bank Financial lowered their price target on Dream Office Real Estate Investment Trust from C$27.00 to C$19.00 in a report on Wednesday, July 20th.

Dream Office Real Estate Investment Trust Stock Down 2.2 %

Shares of DRETF opened at $12.97 on Wednesday. The stock has a 50 day moving average price of $14.69 and a 200 day moving average price of $17.66. Dream Office Real Estate Investment Trust has a 52-week low of $12.97 and a 52-week high of $23.72.

Dream Office Real Estate Investment Trust Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 15th. Stockholders of record on Wednesday, August 31st were issued a $0.0645 dividend. This represents a dividend yield of 5.16%. The ex-dividend date was Tuesday, August 30th.

About Dream Office Real Estate Investment Trust

(Get Rating)

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality office properties, primarily in downtown Toronto.

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Analyst Recommendations for Dream Office Real Estate Investment Trust (OTCMKTS:DRETF)

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