TD Securities lowered shares of Dream Global REIT (TSE:DRG.UN) from a buy rating to a hold rating in a research report released on Thursday morning, StockTargetPrices.com reports.
Other equities research analysts have also recently issued research reports about the stock. National Bank Financial boosted their price target on shares of Dream Global REIT from C$12.00 to C$12.25 and gave the stock an outperform rating in a research report on Thursday, November 9th. Royal Bank of Canada boosted their price target on shares of Dream Global REIT from C$11.00 to C$12.00 in a research report on Monday, November 13th. Desjardins cut shares of Dream Global REIT from a buy rating to a hold rating and boosted their price target for the stock from C$11.50 to C$11.75 in a research report on Monday, November 13th. Finally, Canaccord Genuity boosted their price target on shares of Dream Global REIT from C$11.50 to C$12.00 in a research report on Monday, November 13th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of C$11.61.
Shares of Dream Global REIT (TSE DRG.UN) opened at C$12.20 on Thursday. The stock has a market cap of $2,150.00, a P/E ratio of 9.04 and a beta of 0.41. Dream Global REIT has a 1 year low of C$9.27 and a 1 year high of C$12.37.
Dream Global REIT Company Profile
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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