Dream Global Real Estate Investment Trust Tr Unit DUNDF

Dream Global REIT (DRG.UN) PT Raised to C$9.50 at Canaccord

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Dream Global REIT (TSE:DRG.UN) had its target price increased by equities research analysts at Canaccord Genuity from C$9.25 to C$9.50 in a research report issued to clients and investors on Friday, MarketBeat reports. The firm presently has a buy rating on the stock. DRG.UN has been the subject of several other research reports. TD Securities raised Dream Global REIT from a hold rating to a buy rating and raised their target price for the stock from C$9.50 to C$10.00 in a research report on Friday, December 18th. Scotiabank reaffirmed a sector perform rating and issued a C$9.50 target price on shares of Dream Global REIT in a research report on Thursday, February 18th. Finally, National Bank Financial decreased their target price on Dream Global REIT from C$10.75 to C$10.00 and set an outperform rating for the company in a research report on Monday, November 16th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the companys stock. The company presently has an average rating of Buy and a consensus target price of C$10.00. Dream Global REIT is an, open-ended real estate investment trust. The Company provides investors with the opportunity to invest in real estate exclusively outside of Canada. Its objectives are to manage its investments to provide cash flows through investments in commercial real estate located outside of Canada, building a diversified, growth-oriented portfolio of commercial properties, capitalizing on internal growth and seeking accretive acquisition opportunities in its target markets, growing the value of its assets and maximizing the long-term value of its units through the management of its assets and providing predictable and growing cash distributions per unit, on a tax-efficient basis.

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