Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Receives Consensus Rating of “Buy” from Brokerages

Dream Industrial Real Estate Invest Trst (TSE:DIR.UNGet Free Report) has received an average recommendation of “Buy” from the eight analysts that are presently covering the firm, Marketbeat reports. Eight investment analysts have rated the stock with a buy recommendation. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$16.25.

Several equities research analysts recently issued reports on the company. CIBC dropped their price target on Dream Industrial Real Estate Invest Trst from C$17.75 to C$16.00 and set an “outperform” rating on the stock in a research report on Thursday, November 9th. BMO Capital Markets dropped their price target on Dream Industrial Real Estate Invest Trst from C$17.00 to C$15.50 and set an “outperform” rating on the stock in a research report on Monday, November 13th. Royal Bank of Canada dropped their price target on Dream Industrial Real Estate Invest Trst from C$17.00 to C$16.00 and set an “outperform” rating on the stock in a research report on Monday, November 13th. Laurentian set a C$15.50 price target on Dream Industrial Real Estate Invest Trst and gave the company a “buy” rating in a research report on Monday, January 22nd. Finally, Raymond James upped their price target on Dream Industrial Real Estate Invest Trst from C$16.00 to C$16.50 and gave the company an “outperform” rating in a research report on Monday, January 8th.

View Our Latest Analysis on Dream Industrial Real Estate Invest Trst

Dream Industrial Real Estate Invest Trst Stock Performance

DIR.UN stock opened at C$13.59 on Tuesday. The company has a current ratio of 0.27, a quick ratio of 0.25 and a debt-to-equity ratio of 61.52. The firm has a market cap of C$3.70 billion, a P/E ratio of 52.27 and a beta of 1.24. Dream Industrial Real Estate Invest Trst has a 12-month low of C$11.53 and a 12-month high of C$15.14. The stock’s 50 day simple moving average is C$13.65 and its 200 day simple moving average is C$13.30.

Dream Industrial Real Estate Invest Trst Company Profile

(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.

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

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