Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Sets New 12-Month High at $14.33

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN)’s share price hit a new 52-week high on Friday . The company traded as high as C$14.33 and last traded at C$14.32, with a volume of 153500 shares. The stock had previously closed at C$14.05.

Analyst Upgrades and Downgrades

Separately, TD Securities boosted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$15.00 to C$16.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$15.88.

Dream Industrial Real Estate Invest Trst Stock Performance

The firm has a market capitalization of C$3.98 billion, a price-to-earnings ratio of 23.42 and a beta of 1.25. The company has a 50-day moving average price of C$13.45 and a 200-day moving average price of C$12.98. The company has a quick ratio of 0.25, a current ratio of 0.40 and a debt-to-equity ratio of 63.72.

Dream Industrial Real Estate Invest Trst Company Profile

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.4 million square feet of GLA in key markets across Canada, Europe and the U.S.