Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$17.47 and traded as high as C$18.38. Dream Office Real Estate Investment Trst shares last traded at C$17.99, with a volume of 34,060 shares trading hands.
Analyst Ratings Changes
D.UN has been the subject of several research reports. National Bank Financial reduced their target price on shares of Dream Office Real Estate Investment Trst from C$19.50 to C$19.00 and set a “sector perform” rating for the company in a research note on Monday, April 20th. TD increased their target price on shares of Dream Office Real Estate Investment Trst from C$18.00 to C$18.50 and gave the company a “hold” rating in a research note on Tuesday, May 12th. Scotiabank increased their target price on shares of Dream Office Real Estate Investment Trst from C$18.25 to C$19.50 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. Finally, Desjardins increased their target price on shares of Dream Office Real Estate Investment Trst from C$18.50 to C$19.00 and gave the company a “hold” rating in a research note on Monday, February 23rd. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Dream Office Real Estate Investment Trst currently has an average rating of “Hold” and a consensus price target of C$19.67.
Get Our Latest Research Report on Dream Office Real Estate Investment Trst
Dream Office Real Estate Investment Trst Trading Down 1.1%
Dream Office Real Estate Investment Trst (TSE:D.UN – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported C$0.51 EPS for the quarter. The firm had revenue of C$46.31 million during the quarter. Dream Office Real Estate Investment Trst had a negative net margin of 19.55% and a negative return on equity of 3.21%. On average, analysts expect 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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