Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$17.51 and traded as low as C$17.44. Dream Office Real Estate Investment Trst shares last traded at C$17.52, with a volume of 18,655 shares.
Analyst Ratings Changes
Several equities research analysts recently issued reports on D.UN shares. TD increased their price objective on Dream Office Real Estate Investment Trst from C$18.00 to C$18.50 and gave the stock a “hold” rating in a research note on Tuesday, May 12th. National Bank Financial lowered their price target on shares of Dream Office Real Estate Investment Trst from C$19.50 to C$19.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of C$19.67.
Check Out Our Latest Stock Report on Dream Office Real Estate Investment Trst
Dream Office Real Estate Investment Trst Trading Up 1.7%
Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) last posted its earnings results on Thursday, May 7th. The real estate investment trust reported C$0.51 earnings per share 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$46.31 million during the quarter. On average, analysts forecast that Dream Office Real Estate Investment Trst will post 1.4893899 earnings per share for the current fiscal year.
About Dream Office Real Estate Investment Trst
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.
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