Scotiabank Increases Dream Global REIT (DRG.UN) Price Target to C$13.00
Several other equities analysts have also issued reports on the company. Desjardins restated a hold rating and set a C$12.75 price target on shares of Dream Global REIT in a research note on Monday, February 26th. National Bank Financial boosted their price target on Dream Global REIT from C$12.75 to C$13.50 and gave the company an outperform rating in a research note on Friday, February 23rd. Royal Bank of Canada boosted their price target on Dream Global REIT from C$12.00 to C$13.00 and gave the company an outperform rating in a research note on Friday, February 23rd. TD Securities lowered Dream Global REIT from a buy rating to a hold rating in a research note on Thursday, December 21st. Finally, Canaccord Genuity boosted their price target on Dream Global REIT from C$11.50 to C$12.00 in a research note on Monday, November 13th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of C$12.79.
Dream Global REIT (TSE:DRG.UN) traded up C$0.20 during trading on Friday, hitting C$12.53. The stock had a trading volume of 1,080,000 shares, compared to its average volume of 635,285. Dream Global REIT has a twelve month low of C$9.46 and a twelve month high of C$12.58. The company has a market capitalization of $2,210.00, a price-to-earnings ratio of 7.04 and a beta of 0.38.
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Dream Global REIT Company Profile
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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