National Bankshares Boosts Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target to C$20.00

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective lifted by analysts at National Bankshares from C$19.00 to C$20.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the real estate investment trust’s stock. National Bankshares’ target price points to a potential upside of 3.84% from the stock’s previous close.

Separately, Canadian Imperial Bank of Commerce raised their price target on shares of Dream Office Real Estate Investment Trst from C$17.50 to C$18.50 in a report on Tuesday, November 11th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$19.33.

Dream Office Real Estate Investment Trst Stock Up 3.0%

TSE D.UN opened at C$19.26 on Thursday. The business’s fifty day simple moving average is C$18.31 and its 200-day simple moving average is C$18.21. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31. The firm has a market cap of C$315.27 million, a PE ratio of -2.41 and a beta of 1.23. Dream Office Real Estate Investment Trst has a 52 week low of C$14.05 and a 52 week high of C$21.59.

Dream Office Real Estate Investment Trst (TSE:D.UN) last released its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported C($3.09) earnings per share (EPS) 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$45.94 million for the quarter. As a group, equities analysts anticipate that Dream Office Real Estate Investment Trst will post 1.4893899 earnings per share for the current year.

Dream Office Real Estate Investment Trst Company Profile

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.