Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Receives C$16.88 Consensus PT from Analysts

Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UNGet Rating) have been given a consensus recommendation of “Buy” by the seven analysts that are covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$16.88.

Several equities research analysts have recently issued reports on DIR.UN shares. Raymond James reduced their target price on Dream Industrial Real Estate Invest Trst from C$18.75 to C$16.00 and set an “outperform” rating on the stock in a report on Thursday, August 4th. National Bankshares boosted their price objective on Dream Industrial Real Estate Invest Trst from C$13.50 to C$14.25 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. Scotiabank reduced their price objective on Dream Industrial Real Estate Invest Trst from C$17.50 to C$16.00 in a research note on Monday, August 8th. Finally, CIBC reduced their price objective on Dream Industrial Real Estate Invest Trst from C$18.00 to C$17.00 in a research note on Monday, June 27th.

Dream Industrial Real Estate Invest Trst Price Performance

Shares of Dream Industrial Real Estate Invest Trst stock opened at C$11.93 on Friday. The stock’s 50-day simple moving average is C$12.29 and its 200-day simple moving average is C$13.66. Dream Industrial Real Estate Invest Trst has a 52 week low of C$11.60 and a 52 week high of C$17.60. The company has a market capitalization of C$3.04 billion and a price-to-earnings ratio of 3.14. The company has a quick ratio of 0.30, a current ratio of 0.33 and a debt-to-equity ratio of 51.38.

Dream Industrial Real Estate Invest Trst Company Profile

(Get Rating)

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. Dream Industrial REIT owns and operates a portfolio of 223 geographically diversified light industrial properties comprising approximately 20.2 million square feet of gross leasable area in key markets across Canada and the U.S.

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Analyst Recommendations for Dream Industrial Real Estate Invest Trst (TSE:DIR.UN)

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