Raymond James has set a target price of C$19.50 on Dream Industrial Real Estate Invest Trst (TSE:DIR.UN – Get a rating) in a report released Wednesday morning, BayStreet.CA reports. The company currently has an outperform rating on the stock.
Other research analysts have also recently published research reports on the stock. 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 from the Tuesday, February 22. National Bankshares assumed cover for Dream Industrial Real Estate Invest Trst in a Friday, March 11 research note. They issued a buy rating and price target of C$19.25 for the company. Finally, TD Securities set a price target of C$19.50 on Dream Industrial Real Estate Invest Trst and gave the company a Buy rating in a Thursday, March 10 research note. Seven research analysts rated the stock with a buy rating. Based on data from MarketBeat.com, the stock currently has a consensus buy rating and a consensus target price of C$18.84.
TSE DIR.UN opened at C$14.54 on Wednesday. Dream Industrial Real Estate Invest Trst has a 1 year low of C$13.64 and a 1 year high of C$17.60. The company has a debt ratio of 59.04, a current ratio of 1.31 and a quick ratio of 1.28. The company has a market capitalization of C$3.65 billion and a PE ratio of 5.59. The company has a fifty-day moving average of C$15.91 and a 200-day moving average of C$16.32.
About Dream Industrial Real Estate Invest Trst (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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