The Dream Global REIT (DRG.UN) Given Average Recommendation of “Buy” by Brokerages

The Dream Global REIT (DRG.UN) Given Average Recommendation of “Buy” by Brokerages

Dream Global REIT (TSE:DRG.UN) has received an average rating of “Buy” from the five research firms that are covering the firm. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$9.60.

DRG.UN has been the topic of several recent research reports. TD Securities upped their price target on shares of Dream Global REIT from C$10.00 to C$10.50 and gave the company a “buy” rating in a report on Monday, August 15th. National Bank Financial reaffirmed an “outperform” rating and issued a C$9.75 price target on shares of Dream Global REIT in a report on Monday, August 8th. Finally, Scotiabank reissued a “sector perform” rating and set a C$9.25 target price on shares of Dream Global REIT in a research note on Monday, August 15th.

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