National Bank Financial Reiterates “Sector Perform” Rating for Dream Global REIT (DRG.UN)
Dream Global REIT (TSE:DRG.UN)‘s stock had its “sector perform” rating reaffirmed by analysts at National Bank Financial in a research report issued to clients and investors on Friday. They currently have a C$10.25 price objective on the stock, up from their previous price objective of C$10.00.
The company also recently announced a Monthly dividend, which is scheduled for Friday, August 15th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.0667 per share. This represents a dividend yield of 8.62%. The ex-dividend date is Tuesday, July 29th.
Several other analysts have also recently commented on the stock. Analysts at NBF raised their price target on shares of Dream Global REIT from C$10.00 to C$10.25 in a research note on Friday. Separately, analysts at Scotiabank reiterated a “sector perform” rating on shares of Dream Global REIT in a research note on Thursday. They now have a C$10.00 price target on the stock. Finally, analysts at CIBC initiated coverage on shares of Dream Global REIT in a research note on Wednesday, July 30th. They set a “sector perform” rating on the stock.
Dream Global Real Estate Investment Trust, formerly Dundee International Real Estate Investment Trust, is an unincorporated, open-ended real estate investment trust (TSE:DRG) that was formed to provide investors with the opportunity to invest in real estate exclusively outside of Canada.
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