Dream Global REIT (DRG.UN), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Michael Markidis from Desjardins rated Dream Global REIT (DRG.UN) a Hold, setting a C$14.50 price target.
According to TipRanks.com, Markidis is a 5-star analyst with an average return of 11.9% and a 84.6% success rate. Markidis covers the Financial sector, focusing on stocks such as Dream Office Real Estate Investment Trust, Artis Real Estate Investment Trust, and Summit Industrial Income REIT.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dream Global REIT with a C$15.17 average price target.
Dream Global REIT’s market cap is currently C$2.63B and has a P/E ratio of 4.3. The company has a Price to Book ratio of 0.92.
Dream Global Real Estate Investment Trust is an open-ended investment trust that engages in owning, investing, and managing commercial properties. The company was founded on April 21, 2011 and is headquartered in Toronto, Canada.
The company’s shares closed on Wednesday at C$13.67.
