Dream Office Real Estate Investment Trust (OTCMKTS:DRETF) Given New C$31.50 Price Target at CIBC
Desire Business Genuine Estate Investment Trust (OTCMKTS:DRETF – Get Ranking) experienced its selling price goal lifted by CIBC from C$27.25 to C$31.50 in a investigate report despatched to buyers on Monday, The Fly reports.
A amount of other equities investigation analysts have also weighed in on DRETF. BMO Cash Markets lifted their target rate on Desire Office environment Genuine Estate Investment Have faith in from C$25.50 to C$27.50 in a investigate report on Tuesday, February 22nd. Countrywide Lender Money downgraded Dream Office environment True Estate Financial investment Rely on from an outperform rating to a sector conduct rating and lifted their value focus on for the enterprise from $26.00 to $27.00 in a report on Monday, January 17th. TD Securities lifted their rate concentrate on on Dream Workplace Genuine Estate Expense Have faith in from C$27.00 to C$29.00 in a report on Tuesday, February 22nd. Nationwide Bankshares downgraded Dream Office environment Real Estate Financial commitment Trust to a hold score and established a $27.00 selling price focus on on the inventory. in a report on Monday, January 17th. Last but not least, Desjardins lifted their value target on Aspiration Office Real Estate Investment decision Have confidence in from C$27.00 to C$28.00 in a report on Wednesday, February 23rd. 4 exploration analysts have rated the inventory with a keep score and a few have assigned a purchase score to the organization. According to MarketBeat.com, Desire Place of work Serious Estate Financial commitment Have faith in at this time has a consensus score of Hold and an regular target price tag of $27.81.
Shares of OTCMKTS DRETF opened at $22.09 on Monday. The company has a fifty working day uncomplicated shifting average of $19.92 and a two-hundred working day straightforward shifting typical of $18.93. Desire Workplace Authentic Estate Financial commitment Have confidence in has a twelve thirty day period very low of $16.00 and a twelve month higher of $22.68.
The agency also not too long ago introduced a dividend, which will be paid out on Tuesday, March 15th. Traders of history on Monday, February 28th will be compensated a dividend of $.0656 for every share. The ex-dividend day is Friday, February 25th. This represents a produce of 3.88%.
About Dream Office environment Actual Estate Financial commitment Belief (Get Rating)
Desire Office True Estate Financial commitment Have confidence in engages in owning, buying, leasing and taking care of central organization district and suburban office environment qualities. It operates by the subsequent segments: Calgary, Toronto Downtown, Mississauga and North York, Ottawa and Montreal and Other Markets. The corporation was started on May 9, 2003 and is headquartered in Toronto, Canada.
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