Dream Office Real Estate Investment Trst (D.UN) Receives “Buy” Rating from Canaccord Genuity

Dream Office Real Estate Investment Trst (TSE:D.UN)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity in a note issued to investors on Monday. They presently have a C$26.25 price objective on the real estate investment trust’s stock. Canaccord Genuity’s price target suggests a potential upside of 23.18% from the stock’s current price.

A number of other equities analysts also recently commented on D.UN. National Bank Financial increased their price objective on Dream Office Real Estate Investment Trst from C$21.00 to C$22.00 in a report on Tuesday, August 8th. Scotiabank increased their price objective 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. Royal Bank Of Canada increased their price objective on Dream Office Real Estate Investment Trst from C$21.00 to C$22.00 in a report on Monday. Finally, TD Securities increased their price target on Dream Office Real Estate Investment Trst from C$23.00 to C$24.00 and gave the company a “buy” rating in a report on Monday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of C$22.17.

Dream Office Real Estate Investment Trst (TSE:D.UN) traded up C$0.05 during trading hours on Monday, reaching C$21.31. The company had a trading volume of 60,538 shares, compared to its average volume of 193,890. Dream Office Real Estate Investment Trst has a 12-month low of C$16.55 and a 12-month high of C$22.25.

COPYRIGHT VIOLATION WARNING: This story was first posted by Markets Daily and is the property of of Markets Daily. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and international trademark & copyright legislation. The original version of this story can be accessed at https://www.themarketsdaily.com/2017/11/13/dream-office-real-estate-investment-trst-d-un-receives-buy-rating-from-canaccord-genuity.html.

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)

Receive News & Ratings for Dream Office Real Estate Investment Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Office Real Estate Investment Trst and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply