Cormark Increases Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target to C$23.50

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective lifted by Cormark from C$20.00 to C$23.50 in a research report issued on Friday,BayStreet.CA reports. Cormark’s price target indicates a potential upside of 17.27% from the stock’s current price.

Several other research firms have also commented on D.UN. Scotiabank increased their target price on Dream Office Real Estate Investment Trst from C$17.50 to C$18.00 and gave the company a “sector perform” rating in a report on Tuesday, August 12th. National Bankshares upped their price objective on shares of Dream Office Real Estate Investment Trst from C$16.50 to C$17.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 12th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of C$19.00.

Dream Office Real Estate Investment Trst Price Performance

Shares of TSE D.UN opened at C$20.04 on Friday. The stock has a market capitalization of C$327.95 million, a PE ratio of -2.28 and a beta of 1.05. The business has a fifty day moving average price of C$17.06 and a two-hundred day moving average price of C$16.56. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.05 and a fifty-two week high of C$23.04.

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.