Canaccord Genuity Sticks to Its Buy Rating for DREAM Un Cl A (DRM)
In a report released today, Mark Rothschild from Canaccord Genuity maintained a Buy rating on DREAM Un Cl A (DRM – Research Report), with a price target of C$40.00. The company's shares closed today at C$18.31.
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According to TipRanks, Rothschild is a 5-star analyst with an average return of 7.3% and a 62.29% success rate. Rothschild covers the Real Estate sector, focusing on stocks such as RioCan Real Estate Investment, Parkit Enterprise, and Dream Office Real Estate Investment.
Currently, the analyst consensus on DREAM Un Cl A is a Moderate Buy with an average price target of C$40.00.
The company has a one-year high of C$33.95 and a one-year low of C$16.60. Currently, DREAM Un Cl A has an average volume of 29.9K.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DRM in relation to earlier this year.
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