Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target Raised to C$20.00 at National Bankshares

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price target lifted by analysts at National Bankshares from C$19.00 to C$20.00 in a report released on Thursday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the real estate investment trust’s stock. National Bankshares’ target price would suggest a potential upside of 6.95% from the company’s previous close.

Separately, CIBC raised their target price on Dream Office Real Estate Investment Trst from C$17.50 to C$18.50 in a research note on Tuesday, November 11th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$19.33.

Dream Office Real Estate Investment Trst Trading Down 0.4%

Shares of TSE D.UN traded down C$0.08 during mid-day trading on Thursday, hitting C$18.70. The stock had a trading volume of 19,485 shares, compared to its average volume of 18,564. The business has a 50 day moving average price of C$18.25 and a two-hundred day moving average price of C$18.19. Dream Office Real Estate Investment Trst has a 1 year low of C$14.05 and a 1 year high of C$21.59. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08. The firm has a market cap of C$306.10 million, a P/E ratio of -2.34 and a beta of 1.23.

Dream Office Real Estate Investment Trst (TSE:D.UN) last announced its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported C($3.09) earnings per share (EPS) for the quarter. Dream Office Real Estate Investment Trst had a negative return on equity of 3.21% and a negative net margin of 19.55%.The firm had revenue of C$45.94 million during the quarter. On average, equities analysts anticipate that Dream Office Real Estate Investment Trst will post 1.4893899 EPS for the current fiscal year.

Dream Office Real Estate Investment Trst Company Profile

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company’s real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid- to long-term lease agreements with tenants.