Dream Global REIT (TSE:DRG.UN) had its price objective raised by Royal Bank Of Canada from C$11.00 to C$12.00 in a note issued to investors on Monday. Royal Bank Of Canada’s target price would suggest a potential upside of 5.08% from the company’s previous close.
Several other analysts have also issued reports on the stock. Eight Capital upgraded shares of Dream Global REIT from a “neutral” rating to a “buy” rating in a report on Friday, July 21st. National Bank Financial restated an “outperform” rating and issued a C$12.00 price objective on shares of Dream Global REIT in a report on Monday, July 31st. Scotiabank boosted their price objective on shares of 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 boosted their price objective on shares of Dream Global REIT from C$12.00 to C$12.50 and gave the company a “buy” rating in a report on Friday, November 10th. Finally, Canaccord Genuity boosted their price objective on shares of Dream Global REIT from C$11.50 to C$12.00 in a report on Monday. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of C$11.61.
Shares of Dream Global REIT (DRG.UN) opened at C$11.42 on Monday. Dream Global REIT has a fifty-two week low of C$8.85 and a fifty-two week high of C$11.74.
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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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