Dream Industrial Real Estate Invest Trst (TSE: DIR.UN) Receives Consensus “Buy” Recommendation From Brokerages

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Dream Industrial Real Estate Invest Trst (TSE:DIR.UNGet a rating) earned a consensus “buy” recommendation from the eight analysts who currently cover the stock, market beat reports. Seven equity research analysts rated the stock with a Buy recommendation. The 12-month average price target among analysts who have rated the stock over the past year is C$18.75.

A number of analysts have weighed in on the stock. TD Securities set a target price of C$19.50 on shares of Dream Industrial Real Estate Invest Trst and gave the stock a “buy” rating in a Thursday, March 10, report. National Bankshares began covering shares of Dream Industrial Real Estate Invest Trst in a research report on Friday, March 11. They set a “buy” rating and price target of C$19.25 for the company. Raymond James raised his price target on shares of Dream Industrial Real Estate Invest Trst from C$19.00 to C$19.50 and gave the stock an “outperform” rating in a Monday research report March 14. Finally, Royal Bank of Canada raised its price target on shares of Dream Industrial Real Estate Invest Trst from C$19.00 to C$19.50 and gave the stock an “outperform” rating in a research report of Tuesday, February 22.

Shares of TSE:DIR.UN opened at C$15.99 on Wednesday. The stock has a market cap of C$4.01 billion and a price-earnings ratio of 6.15. Dream Industrial Real Estate Invest Trst has a 1-year low of C$13.55 and a 1-year high of C$17.60. The company’s fifty-day moving average is C$16.15 and its two-hundred-day moving average is C$16.41. The company has a debt ratio of 59.04, a quick ratio of 1.28 and a current ratio of 1.31.

Dream Industrial Real Estate Invest Trst Company Profile (Get a rating)

Dream Industrial REIT is an unincorporated open-ended real estate investment trust. Dream Industrial REIT owns and operates a portfolio of 223 geographically diverse light industrial properties comprising approximately 20.2 million square feet of gross leasable area in key markets in Canada and the United States.

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



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