National Bank upgrades CT REIT and cuts Dream Office REIT price target
National Bank raised CT REIT to Outperform, kept H&R REIT at Sector Perform and cut its Dream Office REIT target price to C$17.50 per share from C$20.50.
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what happened
Dow Jones Newswires, citing Baystreet, reports that National Bank raised its rating on CT REIT from Sector Perform to Outperform. For Dream Office REIT, the bank kept its Sector Perform rating but lowered its target price from C$20.50 to C$17.50 per share. The rating on H&R REIT remained at Sector Perform.
why it matters
Such moves concern individual stocks and rarely set the direction for the broader market, yet they show how analysts view the Canadian real estate sector. The lower target on Dream Office REIT points to a more cautious stance on that company, while the CT REIT upgrade signals a more positive view of its prospects.
tags
instruments
sources
- CT REIT Raised to Outperform From Sector Perform by National Bank — Dow Jones Newswires, 21 October 2026 at 14:47 UTC
- Dream Office REIT Is Maintained at Sector Perform by National Bank — Dow Jones Newswires, 21 October 2026 at 14:47 UTC
- H&R REIT Is Maintained at Sector Perform by National Bank — Dow Jones Newswires, 21 October 2026 at 14:47 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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