Royal Bank of Canada Boosts Dream Global REIT (DRG.UN) Price Target to C$15.00
Dream Global REIT (TSE:DRG.UN) had its price objective boosted by Royal Bank of Canada from C$13.00 to C$15.00 in a report issued on Monday morning. Royal Bank of Canada currently has an outperform rating on the stock.
DRG.UN has been the topic of a number of other research reports. Scotiabank raised their price target on Dream Global REIT from C$12.00 to C$13.00 and gave the company a sector perform rating in a research report on Friday, March 2nd. National Bank Financial raised 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 report on Friday, February 23rd. TD Securities raised their price target on Dream Global REIT from C$15.00 to C$15.50 in a research report on Friday, May 11th. Canaccord Genuity raised their price target on Dream Global REIT from C$12.50 to C$14.00 in a research report on Monday, April 30th. Finally, Desjardins restated a hold rating and set a C$12.75 price target on shares of Dream Global REIT in a research report on Monday, February 26th. 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 stock presently has an average rating of Buy and a consensus price target of C$14.50.
Dream Global REIT opened at C$14.39 on Monday, according to MarketBeat Ratings. Dream Global REIT has a twelve month low of C$9.52 and a twelve month high of C$13.58.
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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