Dream Office Real Estate Investment Trust (TSE:D.UN) has been given an average recommendation of “Hold” by the eight analysts that are presently covering the stock. Five investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$18.69.

Several equities research analysts recently commented on D.UN shares. Scotiabank restated a “sector perform” rating and set a C$20.00 target price on shares of Dream Office Real Estate Investment Trust in a research report on Friday, November 11th. RBC Capital Markets cut their target price on Dream Office Real Estate Investment Trust from C$19.00 to C$18.00 and set a “sector perform” rating on the stock in a research report on Monday, November 14th. National Bank Financial cut their target price on Dream Office Real Estate Investment Trust from C$21.00 to C$19.25 in a research report on Monday, August 22nd. Canaccord Genuity cut their target price 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 report on Friday, August 12th. Finally, TD Securities cut their target price on Dream Office Real Estate Investment Trust from C$20.00 to C$17.50 and set a “hold” rating on the stock in a research report on Monday, November 14th.

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

About Dream Office Real Estate Investment Trust

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.

Receive News & Stock Ratings for Dream Office Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Office Real Estate Investment Trust and related stocks with our FREE daily email newsletter.