Dream Office Real Estate Investment Trust (TSE:D.UN) had its target price decreased by equities researchers at RBC Capital Markets from C$19.00 to C$18.00 in a report issued on Monday. The brokerage currently has a “sector perform” rating on the real estate investment trust’s stock.

Several other research analysts also recently issued reports on the stock. TD Securities lowered their price target on shares of Dream Office Real Estate Investment Trust from C$20.00 to C$17.50 and set a “hold” rating for the company in a report on Monday. Scotiabank reiterated a “sector perform” rating and set a C$20.00 price target on shares of Dream Office Real Estate Investment Trust in a report on Friday, November 11th. National Bank Financial reduced their price objective on shares of Dream Office Real Estate Investment Trust from C$21.00 to C$19.25 in a research note on Monday, August 22nd. Royal Bank Of Canada reduced their price objective on shares of 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 Monday, August 15th. Finally, Desjardins reissued a “buy” rating and issued a C$21.00 price objective on shares of Dream Office Real Estate Investment Trust in a research note on Friday, August 12th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Dream Office Real Estate Investment Trust currently has an average rating of “Hold” and an average target price of C$18.69.

Analyst Recommendations for Dream Office Real Estate Investment Trust (TSE:D.UN)

The company also recently declared a monthly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 15th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, October 27th. This represents a $1.50 dividend on an annualized basis 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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