Raymond James Trims Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Target Price to C$16.00

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price target reduced by Raymond James from C$16.50 to C$16.00 in a research note published on Wednesday, BayStreet.CA reports. Raymond James currently has an outperform rating on the stock.

DIR.UN has been the subject of a number of other reports. Laurentian set a C$15.50 target price on shares of Dream Industrial Real Estate Invest Trst and gave the company a buy rating in a research report on Monday, January 22nd. National Bankshares decreased their target price on shares of Dream Industrial Real Estate Invest Trst from C$16.50 to C$16.00 and set an outperform rating on the stock in a report on Wednesday. Seven analysts have rated the stock with a buy rating, According to MarketBeat, Dream Industrial Real Estate Invest Trst currently has a consensus rating of Buy and a consensus target price of C$16.17.

Dream Industrial Real Estate Invest Trst Price Performance

Shares of DIR.UN opened at C$12.47 on Wednesday. Dream Industrial Real Estate Invest Trst has a twelve month low of C$11.53 and a twelve month high of C$14.96. The company has a 50 day moving average of C$12.89 and a two-hundred day moving average of C$13.01. The company has a quick ratio of 0.25, a current ratio of 0.21 and a debt-to-equity ratio of 63.11. The company has a market cap of C$3.41 billion, a price-to-earnings ratio of 34.64 and a beta of 1.23.

Dream Industrial Real Estate Invest Trst Company Profile

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.