Dream Global REIT (DRG.UN) PT Raised to C$12.00

Dream Global REIT (TSE:DRG.UN) had its price target raised by analysts at Canaccord Genuity from C$11.50 to C$12.00 in a research note issued to investors on Monday. Canaccord Genuity’s price target would indicate a potential upside of 5.08% from the stock’s previous close.

DRG.UN has been the topic of a number of other research reports. Eight Capital raised shares of Dream Global REIT from a “neutral” rating to a “buy” rating in a research note on Friday, July 21st. National Bank Financial reaffirmed an “outperform” rating and set a C$12.00 price target on shares of Dream Global REIT in a research note on Monday, July 31st. Scotiabank upped their price target on shares of Dream Global REIT from C$11.00 to C$11.25 and gave the company a “sector perform” rating in a research note on Monday, July 31st. Finally, TD Securities upped their price target on shares of Dream Global REIT from C$12.00 to C$12.50 and gave the company a “buy” rating in a research note on Friday, November 10th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of C$11.61.

Dream Global REIT (DRG.UN) opened at C$11.42 on Monday. Dream Global REIT has a 12-month low of C$8.85 and a 12-month 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.

Analyst Recommendations for Dream Global REIT (TSE:DRG.UN)

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