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

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) has been given an average recommendation of “Buy” by the seven brokerages that are currently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a buy rating. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$15.86.

A number of research firms recently weighed in on DIR.UN. National Bankshares dropped their price target on Dream Industrial Real Estate Invest Trst from C$16.50 to C$16.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 24th. Raymond James lowered 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.

Dream Industrial Real Estate Invest Trst Stock Up 2.7 %

DIR.UN stock opened at C$13.06 on Friday. The stock’s 50 day simple moving average is C$12.69 and its 200 day simple moving average is C$13.03. 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 debt-to-equity ratio of 64.46, a quick ratio of 0.25 and a current ratio of 0.26. The company has a market cap of C$3.59 billion, a P/E ratio of 18.93 and a beta of 1.25.

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.