Dream Global REIT (DRG.UN) Price Target Increased to C$12.00 by Analysts at Royal Bank Of Canada
Several other equities research analysts have also recently issued reports on the company. Eight Capital raised Dream Global REIT from a neutral rating to a buy rating in a research note on Friday, July 21st. National Bank Financial reissued an outperform rating and set a C$12.00 target price on shares of Dream Global REIT in a research note on Monday, July 31st. Scotiabank raised their target price on Dream Global REIT from C$11.00 to C$11.25 and gave the stock a sector perform rating in a research note on Monday, July 31st. TD Securities raised their target price on Dream Global REIT from C$12.00 to C$12.50 and gave the stock a buy rating in a research note on Friday. Finally, Canaccord Genuity raised their target price on Dream Global REIT from C$11.50 to C$12.00 in a research note on Monday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of C$11.61.
Shares of Dream Global REIT (TSE:DRG.UN) traded up C$0.04 during trading on Monday, reaching C$11.45. The company had a trading volume of 211,160 shares, compared to its average volume of 348,447. Dream Global REIT has a 52-week low of C$8.85 and a 52-week high of C$11.74.
WARNING: This piece was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this piece on another site, it was stolen and republished in violation of international copyright & trademark laws. The legal version of this piece can be viewed at https://www.watchlistnews.com/dream-global-reit-drg-un-price-target-increased-to-c12-00-by-analysts-at-royal-bank-of-canada/1703122.html.
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 15th will be paid a $0.0667 dividend. The ex-dividend date is Monday, October 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 6.99%.
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.
Receive News & Ratings for Dream Global REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Global REIT and related companies with Analyst Ratings Network's FREE daily email newsletter.