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

Dream Industrial Real Estate Invest Trst logoShares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN – Get Free Report) have been assigned an average rating of “Buy” from the seven brokerages that are presently covering the firm, MarketBeat reports. Seven research analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have covered the stock in the last year is C$17.08.

Several equity analysts recently issued reports on DIR.UN shares. CIBC raised their price objective on Dream Industrial Real Estate Invest Trst from C$17.00 to C$18.00 in a research note on Thursday, May 4th. TD Securities reduced their price objective on Dream Industrial Real Estate Invest Trust from C$17.00 to C$16.50 in a research note on Wednesday, July 5th. National Bankshares reduced their price objective on Dream Industrial Real Estate Invest Trust from C$18.50 to C$17.50 in a research note on Tuesday. Desjardins raised their price objective on Dream Industrial Real Estate Invest Trust from C$17.00 to C$18.00 in a research note on Friday, May 5th. Finally, Raymond James raised their price objective on Dream Industrial Real Estate Invest Trst from C$16.75 to C$17.75 in a research note on Thursday, May 4th.

Dream Industrial Real Estate Invest Trst Stock Performance

Dream Industrial Real Estate Invest Trst stock opened at C$14.27 on Friday. The stock has a market cap of C$3.67 billion, a P/E ratio of 17.19 and a beta of 1.20. The company has a current ratio of 0.28, a quick ratio of 0.25 and a debt-to-equity ratio of 65.79. The stock has a 50 day moving average of C$13.92 and a 200-day moving average of C$14.09. Dream Industrial Real Estate Invest Trust has a 52 week low of C$10.25 and a 52 week high of C$15.14.

About Dream Industrial Real Estate Invest Trst

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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 US

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

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