National Bankshares Raises Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Price Target to C$16.50

Dream Industrial Real Estate Invest Trst (TSE:DIR.UNGet Free Report) had its target price hoisted by research analysts at National Bankshares from C$16.00 to C$16.50 in a research note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target points to a potential upside of 21.50% from the stock’s previous close.

A number of other analysts have also recently issued reports on the company. CIBC lowered their target price on Dream Industrial Real Estate Invest Trst from C$17.75 to C$16.00 and set an “outperform” rating for the company in a research note on Thursday, November 9th. Laurentian set a C$15.50 target price on Dream Industrial Real Estate Invest Trst and gave the stock a “buy” rating in a research note on Monday, January 22nd. Royal Bank of Canada lowered their target price on Dream Industrial Real Estate Invest Trst from C$17.00 to C$16.00 and set an “outperform” rating for the company in a research note on Monday, November 13th. BMO Capital Markets lowered their target price on Dream Industrial Real Estate Invest Trst from C$17.00 to C$15.50 and set an “outperform” rating for the company in a research note on Monday, November 13th. Finally, Scotiabank lowered their target price on Dream Industrial Real Estate Invest Trst from C$17.50 to C$16.00 and set an “outperform” rating for the company in a research note on Thursday, November 9th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$16.25.

Check Out Our Latest Research Report on DIR.UN

Dream Industrial Real Estate Invest Trst Stock Performance

Shares of TSE:DIR.UN opened at C$13.58 on Monday. The company has a market capitalization of C$3.70 billion, a price-to-earnings ratio of 52.23 and a beta of 1.26. The firm’s 50 day simple moving average is C$13.46 and its 200 day simple moving average is C$13.33. The company has a debt-to-equity ratio of 61.52, a current ratio of 0.27 and a quick ratio of 0.25. Dream Industrial Real Estate Invest Trst has a fifty-two week low of C$11.53 and a fifty-two week high of C$15.14.

About Dream Industrial Real Estate Invest Trst

(Get Free Report)

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.

See Also

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

Receive News & Ratings for Dream Industrial Real Estate Invest Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dream Industrial Real Estate Invest Trst and related companies with MarketBeat.com's FREE daily email newsletter.