Scotiabank reaffirmed their sector perform rating on shares of Dream Office Real Estate Investment Trust (TSE:D.UN) in a research report released on Friday morning. They currently have a C$20.00 price objective on the real estate investment trust’s stock.

A number of other analysts have also issued reports on D.UN. TD Securities decreased their price target on Dream Office Real Estate Investment Trust from C$22.00 to C$20.00 and set a hold rating on the stock in a research note on Thursday, August 11th. Canaccord Genuity decreased their price target on Dream Office Real Estate Investment Trust from C$20.00 to C$18.00 and set a hold rating on the stock in a research note on Friday, August 12th. CIBC decreased their price target on Dream Office Real Estate Investment Trust from C$20.00 to C$16.75 in a research note on Friday, August 12th. Desjardins reissued a buy rating and issued a C$21.00 price target on shares of Dream Office Real Estate Investment Trust in a research note on Friday, August 12th. Finally, RBC Capital Markets decreased their price target on Dream Office Real Estate Investment Trust from C$22.00 to C$19.00 and set a sector perform rating on the stock in a research note on Friday, August 12th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of C$18.69.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 15th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, October 27th. This represents a $1.50 annualized dividend and a yield of Infinity.

Dream Office Real Estate Investment Trust Company Profile

Dream Office Real Estate Investment Trust (the Trust), formerly Dundee Real Estate Investment Trust, is a Canada-based open-ended investment trust. The Trust’s segments include Western Canada, Calgary downtown, Calgary suburban, Toronto downtown, Toronto suburban, Eastern Canada and Other. It is engaged in building and maintaining a diversified portfolio of office properties in Canada, based on an established platform, and providing cash distributions to unitholders and managing distributions over time.

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