Scotiabank Cuts Dream Office Real Estate Investment Trst (TSE:D.UN) Price Target to C$20.50

Dream Office Real Estate Investment Trst (TSE:D.UN) had its price objective reduced by Scotiabank from C$21.00 to C$20.50 in a report published on Tuesday morning,BayStreet.CA reports. They currently have a sector perform rating on the real estate investment trust’s stock.

Dream Office Real Estate Investment Trst Price Performance

D.UN opened at C$18.34 on Tuesday. 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 company’s 50-day moving average price is C$18.06 and its 200 day moving average price is C$19.42. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.90 and a fifty-two week high of C$23.04. The firm has a market cap of C$299.68 million, a price-to-earnings ratio of -6.30 and a beta of 1.21.

About Dream Office Real Estate Investment Trst

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.