National Bankshares Issues Positive Forecast for Dream Office Real Estate Investment Trst (TSE:D.UN) Stock Price

Dream Office Real Estate Investment Trst (TSE:D.UN) had its target price upped by National Bankshares from C$19.00 to C$20.00 in a report issued on Thursday morning,BayStreet.CA reports. They currently have a sector perform rating on the real estate investment trust’s stock.

Separately, CIBC increased their target price on shares of Dream Office Real Estate Investment Trst from C$17.50 to C$18.50 in a report on Tuesday, November 11th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$19.33.

Dream Office Real Estate Investment Trst Stock Down 0.4%

Shares of TSE:D.UN opened at C$18.70 on Thursday. The business’s 50 day moving average is C$18.28 and its 200 day moving average is C$18.19. The stock has a market cap of C$306.10 million, a P/E ratio of -2.34 and a beta of 1.23. Dream Office Real Estate Investment Trst has a 52-week low of C$14.05 and a 52-week high of C$21.59. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31.

Dream Office Real Estate Investment Trst (TSE:D.UN) last issued 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 return on equity of 3.21% and a negative net margin of 19.55%.The firm had revenue of C$45.94 million during the quarter. Sell-side analysts predict that Dream Office Real Estate Investment Trst will post 1.4893899 EPS for the current 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. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid- to long-term lease agreements with tenants.