Dream Office Real Estate Investment Trust (TSE:D.UN) had its target price cut by equities researchers at TD Securities from C$20.00 to C$17.50 in a research note issued on Monday. The firm presently has a “hold” rating on the real estate investment trust’s stock.

Several other brokerages also recently commented on D.UN. Royal Bank Of Canada dropped their price objective 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 Monday, August 15th. Canaccord Genuity dropped their price objective 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. Scotiabank reaffirmed a “sector perform” rating and set a C$20.00 price objective on shares of Dream Office Real Estate Investment Trust in a research note on Friday, November 11th. National Bank Financial dropped their price objective on Dream Office Real Estate Investment Trust from C$21.00 to C$19.25 and set a “sector perform” rating on the stock in a research note on Tuesday, August 16th. Finally, CIBC dropped 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. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of C$18.69.

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

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

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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