Dream Office Real Estate Investment Trst (D.UN) Cut to “Sector Perform” at National Bank Financial
Dream Office Real Estate Investment Trst (TSE:D.UN) was downgraded by National Bank Financial from an “outperform” rating to a “sector perform” rating in a note issued to investors on Wednesday. They presently have a C$22.00 price target on the real estate investment trust’s stock.
A number of other research firms have also weighed in on D.UN. Scotiabank upped their target price on Dream Office Real Estate Investment Trst from C$20.50 to C$20.75 and gave the stock a “sector perform” rating in a report on Monday, August 14th. TD Securities upgraded Dream Office Real Estate Investment Trst from a “hold” rating to a “buy” rating and upped their target price for the stock from C$18.50 to C$23.00 in a report on Tuesday, June 27th. Finally, Royal Bank Of Canada increased their price objective on Dream Office Real Estate Investment Trst from C$19.00 to C$21.00 and gave the company a “sector perform” rating in a report on Monday, June 26th.
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Dream Office Real Estate Investment Trst Company Profile
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.
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