Dream Global REIT (DRG.UN) Reaches New 12-Month High at $15.17
Dream Global REIT (TSE:DRG.UN) hit a new 52-week high on Friday . The stock traded as high as C$15.17 and last traded at C$15.13, with a volume of 386555 shares traded. The stock had previously closed at C$15.02.
DRG.UN has been the topic of several analyst reports. TD Securities increased their target price on Dream Global REIT from C$15.50 to C$16.00 and gave the stock a “buy” rating in a research report on Wednesday, June 27th. National Bank Financial reaffirmed an “outperform” rating and issued a C$15.50 target price on shares of Dream Global REIT in a research report on Wednesday, June 27th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Dream Global REIT presently has a consensus rating of “Buy” and a consensus price target of C$14.71.
About Dream Global REIT (TSE:DRG.UN)
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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