Dream Office Real Estate Investment Trst’s (D.UN) “Buy” Rating Reaffirmed at Cormark


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Cormark reiterated their buy rating on shares of Dream Office Real Estate Investment Trst (TSE:D.UN) in a research note released on Thursday morning, Price Targets.com reports. Cormark currently has a C$24.00 price objective on the real estate investment trust’s stock.

Several other research firms have also recently commented on D.UN. Royal Bank of Canada reduced their price target on Dream Office Real Estate Investment Trst from C$25.00 to C$24.00 and set a sector perform rating for the company in a report on Tuesday, February 23rd. Scotiabank reduced their price target on Dream Office Real Estate Investment Trst from C$25.25 to C$24.50 in a report on Monday, February 22nd.

Shares of D.UN traded up C$0.07 during mid-day trading on Thursday, hitting C$21.16. The company’s stock had a trading volume of 13,494 shares, compared to its average volume of 162,941. The company has a current ratio of 0.14, a quick ratio of 0.11 and a debt-to-equity ratio of 79.94. The firm has a 50-day simple moving average of C$21.26 and a 200 day simple moving average of C$20.20. The firm has a market capitalization of C$1.18 billion and a P/E ratio of 6.02. Dream Office Real Estate Investment Trst has a 1-year low of C$16.84 and a 1-year high of C$23.54.

Dream Office Real Estate Investment Trst Company Profile

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality central business district office properties in major urban centres across Canada, with a focus on downtown Toronto.

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