Canaccord Genuity Keeps Their Buy Rating on Dream Global REIT (DRG.UN)


Dream Global REIT (DRG.UN), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Mark Rothschild from Canaccord Genuity rated Dream Global REIT (DRG.UN) a Buy, setting a C$15.50 price target.

According to TipRanks.com, Rothschild is a 5-star analyst with an average return of 7.1% and a 70.3% success rate. Rothschild covers the Financial sector, focusing on stocks such as Choice Properties Real Estate Investment Trust, RioCan Real Estate Investment Trust, and Brookfield Property Partners.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dream Global REIT with a C$14.75 average price target.

Dream Global REIT’s market cap is currently C$2.61B and has a P/E ratio of 4.8. The company has a Price to Book ratio of 1.02.

Dream Global Real Estate Investment Trust is an open-ended investment trust that engages in owning, investing, and managing commercial properties. It operates through the German and Other Markets; and Netherlands geographical segments. The company was founded on April 21, 2011 and is headquartered in Toronto, Canada.

The company’s shares closed on Thursday at C$13.61.

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