Dream Office Real Estate Investment Trst (D.UN) Upgraded to “Buy” at Canaccord Genuity

Canaccord Genuity upgraded shares of Dream Office Real Estate Investment Trst (TSE:D.UN) from a hold rating to a buy rating in a research note published on Tuesday. The brokerage currently has C$26.25 price objective on the real estate investment trust’s stock, up from their prior price objective of C$21.50.

A number of other brokerages have also weighed in on D.UN. National Bank Financial lowered shares of Dream Office Real Estate Investment Trst from an outperform rating to a sector perform rating and set a C$22.00 target price for the company. in a research note on Wednesday, October 4th. Scotiabank boosted their target price on shares of Dream Office Real Estate Investment Trst from C$20.50 to C$20.75 and gave the company a sector perform rating in a research note on Monday, August 14th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Dream Office Real Estate Investment Trst presently has an average rating of Hold and an average price target of C$21.83.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by Community Financial News and is the property of of Community Financial News. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.com-unik.info/2017/11/01/dream-office-real-estate-investment-trst-d-un-upgraded-to-buy-at-canaccord-genuity.html.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.0833 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date of this dividend is Monday, October 30th.

Dream Office Real Estate Investment Trst Company Profile

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)

What are top analysts saying about Dream Office Real Estate Investment Trst? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Dream Office Real Estate Investment Trst and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit