BMO Capital Markets reiterated their outperform rating on shares of Dream Global REIT (TSE:DRG.UN) in a research note issued to investors on Thursday, BayStreet.CA reports. BMO Capital Markets currently has a C$17.00 price target on the stock.

A number of other equities analysts have also recently commented on the stock. CIBC lifted their price objective on shares of Dream Global REIT from C$26.00 to C$27.00 in a research note on Monday, August 12th. Canaccord Genuity lifted their price objective on shares of Dream Global REIT from C$15.50 to C$16.50 in a research note on Monday, August 12th. Royal Bank of Canada lifted their price objective on shares of Dream Global REIT from C$15.00 to C$16.00 and gave the stock an outperform rating in a research note on Wednesday, August 14th. Finally, National Bank Financial lifted their price objective on shares of Dream Global REIT from C$17.00 to C$18.00 and gave the stock an outperform rating in a research note on Monday, August 12th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. Dream Global REIT presently has a consensus rating of Buy and an average target price of C$17.86.

DRG.UN traded down C$0.10 during trading on Thursday, hitting C$14.18. 321,205 shares of the company traded hands, compared to its average volume of 709,609. The company has a market cap of $2.76 billion and a PE ratio of 3.52. The stock’s 50-day simple moving average is C$14.31 and its two-hundred day simple moving average is C$13.97. Dream Global REIT has a 1 year low of C$11.58 and a 1 year high of C$15.44. The company has a current ratio of 1.83, a quick ratio of 1.38 and a debt-to-equity ratio of 82.70.

About Dream Global REIT

Dream Global REIT is a real estate investment trust that provides investors with the opportunity to invest in commercial real estate exclusively outside of Canada. Dream Global REIT's portfolio currently consists of approximately 19.9 million square feet of gross leasable area of office, industrial and mixed-use properties across Germany, the Netherlands, Austria and Belgium.

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Analyst Recommendations for Dream Global REIT (TSE:DRG.UN)

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