Bullboard - Stock Discussion Forum DRI Healthcare Trust T.DHT.UN

Alternate Symbol(s): DHTRF

Healthcare

DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term. Geographically, it has a presence... see more

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DRI Healthcare Trust > From Globe & Mail this AM

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Post by SuperM on Oct 01, 2021 2:08pm

From Globe & Mail this AM

* With the announcement of its acquisition of royalties on Oracea (doxycycline) for US$46.4-million as well as a share buyback program, RBC Dominion Securities analyst Douglas Miehm increased his DRI Healthcare Trust (

DHT-UN-T

+4.45%

) target by $1 to $16, keeping an “outperform” rating. The average is $14.42.

“We believe the shares are materially undervalued at 0.6 times our NAV,” said Mr. Miehm.

Small volume on this stock, but based on upside scenario, I took a small position today. GLTA

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