Canaccord Genuity Believes DREAM Unlimited Cl A (TSX: DRM) Won’t Stop Here

By Jason Carr

In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, DREAM Unlimited Cl A (TSX: DRM). Analyst Mark Rothschild from Canaccord Genuity rated DREAM Unlimited Cl A (TSX: DRM) a Buy today, setting a C$12.75 price target.

Rothschild has an average return of 12.7% when recommending DREAM Unlimited Cl A.

According to TipRanks.com, Rothschild is ranked #395 out of 4801 analysts.

Currently, the analyst consensus on DREAM Unlimited Cl A is Moderate Buy and the average price target is C$11.25, representing a 12.3% upside.

In a report released yesterday, CIBC also reiterated a Buy rating on the stock with a C$11.75 price target.

The company has a one-year high of C$10.07 and a one-year low of C$6.53. Currently, DREAM Unlimited Cl A has an average volume of 85.28K.

DREAM Unlimited Corp. engages in acquiring, managing, and developing commercial and residential real estate. It operates through the following segments: Land Development, Housing Development, Condominium Development, Zibi, Asset Management and Advisory Services, and Investment and Recreational Properties.

The company’s shares closed on Thursday at C$10.02, close to its 52-week high of C$10.07.