Dream Global REIT (TSE:DRG.UN) had its price target lifted by stock analysts at Canaccord Genuity from C$11.50 to C$12.00 in a research note issued on Monday. Canaccord Genuity’s price target would indicate a potential upside of 4.99% from the company’s current price.
Other equities research analysts have also recently issued reports about the company. National Bank Financial raised their price target on Dream Global REIT from C$12.00 to C$12.25 and gave the company an “outperform” rating in a report on Thursday. Scotiabank raised their price target on Dream Global REIT from C$11.00 to C$11.25 and gave the company a “sector perform” rating in a report on Monday, July 31st. TD Securities raised their price target on Dream Global REIT from C$12.00 to C$12.50 and gave the company a “buy” rating in a report on Friday. Finally, Eight Capital raised Dream Global REIT from a “neutral” rating to a “buy” rating in a report on Friday, July 21st. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of C$11.61.
Shares of Dream Global REIT (DRG.UN) traded up C$0.03 on Monday, hitting C$11.43. The stock had a trading volume of 344,064 shares, compared to its average volume of 351,636. Dream Global REIT has a fifty-two week low of C$8.85 and a fifty-two week high of C$11.74.
About Dream Global REIT
Dream Global REIT is an open-ended real estate investment trust (REIT). The Trust is an owner and operator of approximately 10 million square feet of office and mixed-use space in Germany and Austria. The Company allows investors to invest in commercial real estate outside of Canada. The Company’s portfolio consists of approximately 170 properties, including properties located in Germany and Austria.
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