Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective lifted by Scotiabank from C$20.75 to C$22.25 in a research report issued on Tuesday. The firm presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s target price indicates a potential upside of 4.36% from the company’s previous close.

Several other equities research analysts also recently commented on the stock. Canaccord Genuity upgraded shares of Dream Office Real Estate Investment Trst from a “hold” rating to a “buy” rating and boosted their target price for the company from C$21.50 to C$26.25 in a research note on Tuesday, October 31st. National Bank Financial upped their price target on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$22.00 in a research report on Tuesday, August 8th. Desjardins upped their price target on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$22.50 in a research report on Tuesday. TD Securities upped their price target on shares of Dream Office Real Estate Investment Trst from C$23.00 to C$24.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Royal Bank Of Canada upped their price target on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$22.00 in a research report on Monday. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of C$22.43.

Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) traded up C$0.03 during trading hours on Tuesday, hitting C$21.32. 136,761 shares of the stock traded hands, compared to its average volume of 186,186. Dream Office Real Estate Investment Trst has a 52 week low of C$16.55 and a 52 week high of C$22.25.

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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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