Dream Office Real Estate Investment Trst (D.UN) Given New C$24.00 Price Target at TD Securities

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price target upped by TD Securities from C$23.00 to C$24.00 in a research note issued to investors on Monday. TD Securities currently has a buy rating on the real estate investment trust’s stock.

Other equities research analysts have also recently issued reports about the company. Royal Bank Of Canada lifted their price objective on Dream Office Real Estate Investment Trst from C$21.00 to C$22.00 in a research note on Monday. Canaccord Genuity raised Dream Office Real Estate Investment Trst from a hold rating to a buy rating and lifted their price objective for the company from C$21.50 to C$26.25 in a research note on Tuesday, October 31st. National Bank Financial cut Dream Office Real Estate Investment Trst from an outperform rating to a sector perform rating and set a C$22.00 price objective for the company. in a research note on Wednesday, October 4th. Finally, Scotiabank lifted their price objective on Dream Office Real Estate Investment Trst from C$20.50 to C$20.75 and gave the company a sector perform rating in a research note on Monday, August 14th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of C$22.43.

Dream Office Real Estate Investment Trst (TSE:D.UN) traded up C$0.07 during mid-day trading on Monday, reaching C$21.36. The company’s stock had a trading volume of 108,633 shares, compared to its average volume of 186,186. Dream Office Real Estate Investment Trst has a one year low of C$16.55 and a one year high of C$22.25.

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The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 15th will be paid a $0.0833 dividend. The ex-dividend date of this dividend is Monday, October 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.68%.

About Dream Office Real Estate Investment Trst

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.

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

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