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

Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) have been given a consensus recommendation of “Buy” by the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a buy rating. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$15.86.

DIR.UN has been the subject of a number of recent research reports. Raymond James reduced their price objective on Dream Industrial Real Estate Invest Trst from C$16.50 to C$16.00 and set an “outperform” rating for the company in a research note on Wednesday, April 24th. 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 for the company in a research note on Wednesday, April 24th.

Dream Industrial Real Estate Invest Trst Stock Down 0.1 %

Dream Industrial Real Estate Invest Trst stock opened at C$12.82 on Friday. Dream Industrial Real Estate Invest Trst has a fifty-two week low of C$11.53 and a fifty-two week high of C$14.64. The company has a market cap of C$3.52 billion, a PE ratio of 18.58 and a beta of 1.25. The company has a debt-to-equity ratio of 64.46, a quick ratio of 0.25 and a current ratio of 0.26. The business’s 50-day simple moving average is C$12.66 and its two-hundred day simple moving average is C$13.06.

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.