TD Securities Raises Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Price Target to C$16.00

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price target increased by TD Securities from C$15.00 to C$16.00 in a research note released on Wednesday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Dream Industrial Real Estate Invest Trst Price Performance

Dream Industrial Real Estate Invest Trst stock opened at C$13.64 on Wednesday. The company’s 50 day moving average is C$13.36 and its two-hundred day moving average is C$12.96. The firm has a market cap of C$3.76 billion, a PE ratio of 22.73 and a beta of 1.25. 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 has a 52-week low of C$11.53 and a 52-week high of C$14.30.

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.