Dream Office Real Estate Investment Trst (TSE:D.UN) Given New C$21.50 Price Target at National Bankshares

Key Points

• National Bankshares has increased the price target for Dream Office Real Estate Investment Trust from C$17.00 to C$21.50, indicating a potential upside of 8.59% from its previous close.
• The stock is currently rated as a "Hold" by three research analysts, with an average price target of C$19.80 based on multiple recent reports.
• Despite the positive price revisions, Dream Office Real Estate Investment Trust's stock has declined 1.9%, trading at C$19.80, with the stock holding a twelve-month low of C$14.05 and a high of C$23.00.

Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) had its price objective boosted by research analysts at National Bankshares from C$17.00 to C$21.50 in a report released on Wednesday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the real estate investment trust's stock. National Bankshares' target price points to a potential upside of 8.59% from the stock's previous close.

Other equities analysts have also issued reports about the company. Cormark upped their target price on Dream Office Real Estate Investment Trst from C$20.00 to C$23.50 in a report on Friday, September 12th. Scotiabank upped 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. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of C$19.80.

Dream Office Real Estate Investment Trst Stock Down 1.9%

TSE D.UN traded down C$0.39 on Wednesday, hitting C$19.80. 26,945 shares of the stock traded hands, compared to its average volume of 21,763. The stock has a 50-day moving average of C$18.16 and a 200 day moving average of C$16.84. Dream Office Real Estate Investment Trst has a twelve month low of C$14.05 and a twelve month high of C$23.00. The company has a market capitalization of C$324.03 million, a P/E ratio of -2.25 and a beta of 1.11. The company has a current ratio of 0.08, a quick ratio of 0.16 and a debt-to-equity ratio of 115.31.

Dream Office Real Estate Investment Trst Company Profile

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.

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