Shares of Dream Office Real Estate Investment Trust (OTCMKTS:DRETF – Get Free Report) were down 0.5% during mid-day trading on Monday . The company traded as low as $12.3894 and last traded at $12.3894. Approximately 2,000 shares traded hands during trading, a decline of 22% from the average daily volume of 2,558 shares. The stock had previously closed at $12.45.
Wall Street Analysts Forecast Growth
DRETF has been the topic of a number of research analyst reports. Canadian Imperial Bank of Commerce upgraded shares of Dream Office Real Estate Investment Trust from a “neutral” rating to an “outperform” rating in a research report on Sunday, May 10th. Scotiabank reiterated a “sector perform” rating on shares of Dream Office Real Estate Investment Trust in a research note on Wednesday, May 13th. Finally, TD Securities reissued a “hold” rating on shares of Dream Office Real Estate Investment Trust in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Dream Office Real Estate Investment Trust currently has an average rating of “Hold”.
Check Out Our Latest Analysis on DRETF
Dream Office Real Estate Investment Trust Stock Performance
Dream Office Real Estate Investment Trust Company Profile
Dream Office Real Estate Investment Trust is a Canadian office-focused real estate investment trust based in Toronto, Ontario. The company acquires, owns and manages a diversified portfolio of office properties primarily situated in central business districts and high-growth suburban markets across Canada. As a publicly traded trust, Dream Office REIT seeks to deliver long-term value through active asset management, leasing strategies and selective property acquisitions and dispositions.
The trust’s portfolio spans key metropolitan regions including Toronto, Calgary, Vancouver and Montreal.
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