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Dream Residential Real Estate Investment Trust - DRREF Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$10.25
  • Forecasted Upside: 27.33%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$8.05 As of 06/8/2023 01:00 AM ET
+0 (0.00%)

This chart shows the closing price for DRREF by one month, three months, or twelve months.

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Analyst Price Target for DRREF

Analyst Price Target is C$10.25
▲ +27.33% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Dream Residential Real Estate Investment Trust in the last 3 months. The average price target is C$10.25, with a high forecast of C$10.50 and a low forecast of C$10.00. The average price target represents a 27.33% upside from the last price of C$8.05.

This chart shows the closing price for DRREF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 investment analysts is to buy stock in Dream Residential Real Estate Investment Trust.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/16/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/16/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/14/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/12/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/11/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/11/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/10/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/9/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/5/2023Raymond JamesLower TargetC$11.25 ➝ C$10.00
2/27/2023Raymond JamesDowngradeOutperform ➝ Market Perform
10/6/2022National Bank FinancialInitiated CoverageOutperform$10.50
(Data available from 6/9/2018 forward)

News Sentiment Rating

1.32 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/11/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/11/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/10/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/9/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/11/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/10/2023
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/10/2023
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/9/2023

Current Sentiment

  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.

Very Positive

Dream Residential Real Estate Investment Trust logo
Dream Residential REIT is a newly created, unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns an initial portfolio of 16 garden-style multi-residential properties, consisting of 3,432 units primarily located in three markets across the Sunbelt and Midwest regions of the United States.
Read More

Today's Range

Now: C$8.05
Low: C$8.05
High: C$8.05

50 Day Range

MA: C$8.27
Low: C$7.60
High: C$9.24

52 Week Range

Now: C$8.05
Low: C$6.58
High: C$10.00

Volume

400 shs

Average Volume

2,414 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Dream Residential Real Estate Investment Trust?

The following Wall Street sell-side analysts have issued stock ratings on Dream Residential Real Estate Investment Trust in the last twelve months: National Bank Financial, and Raymond James.
View the latest analyst ratings for DRREF.

What is the current price target for Dream Residential Real Estate Investment Trust?

2 Wall Street analysts have set twelve-month price targets for Dream Residential Real Estate Investment Trust in the last year. Their average twelve-month price target is C$10.25, suggesting a possible upside of 27.3%. National Bank Financial has the highest price target set, predicting DRREF will reach C$10.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of C$10.00 for Dream Residential Real Estate Investment Trust in the next year.
View the latest price targets for DRREF.

What is the current consensus analyst rating for Dream Residential Real Estate Investment Trust?

Dream Residential Real Estate Investment Trust currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DRREF will outperform the market and that investors should add to their positions of Dream Residential Real Estate Investment Trust.
View the latest ratings for DRREF.

What other companies compete with Dream Residential Real Estate Investment Trust?

Other companies that are similar to Dream Residential Real Estate Investment Trust include Altarea SCA, BSR Real Estate Investment Trust, Canadian Apartment Properties Real Estate Investment Trust, Flagship Communities Real Estate Investment Trust and Pure Multi-Family REIT. Learn More about companies similar to Dream Residential Real Estate Investment Trust.