Dream Office Real Estate Investment Trst (TSE:D.UN) Receives Consensus Rating of “Hold” from Brokerages

Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) have been given an average recommendation of “Hold” by the six brokerages that are presently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$20.50.

A number of research firms have weighed in on D.UN. Desjardins decreased their price objective on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating for the company in a research report on Tuesday, February 25th. Scotiabank decreased their price objective on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th.

Dream Office Real Estate Investment Trst Stock Performance

TSE:D.UN opened at C$17.80 on Tuesday. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16. The firm has a 50-day moving average of C$18.07 and a two-hundred day moving average of C$19.42. The stock has a market cap of C$290.85 million, a P/E ratio of -6.12 and a beta of 1.21. Dream Office Real Estate Investment Trst has a 1-year low of C$15.11 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.