Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Receives Consensus “Buy” Rating from Analysts

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Dream Industrial Real Estate Investment Trust (OTCMKTS: DREUFGet a rating) received a consensus “Buy” recommendation by the nine brokerages that cover the company, Market Beat Ratings reports. Four analysts rated the stock with a Buy recommendation. The 12-month average target price among analysts who have rated the stock over the past year is $19.06.

Several equity research analysts have released reports on the stock. Canaccord Genuity Group lowered its price target on shares of Dream Industrial Real Estate Investment Trust from C$21.00 to C$19.00 in a Wednesday, April 6 research note. Royal Bank of Canada raised its target price on shares of Dream Industrial Real Estate Investment Trust from C$19.00 to C$19.50 in a Tuesday, February 22 research note. National Bank Financial raised its price target on shares of Dream Industrial Real Estate Investment Trust from C$19.00 to C$19.25 in a Thursday, February 17 research note. Scotiabank raised its price target on shares of Dream Industrial Real Estate Investment Trust from C$19.00 to C$19.50 in a Friday, February 18 research note. Finally, Desjardins raised its price target on shares of Dream Industrial Real Estate Investment Trust from C$19.00 to C$19.50 in a Friday, February 18 research note.

DREUF traded down $0.10 during Tuesday’s trading, hitting $12.40. 9,727 shares of the company were traded, against an average volume of 2,280. Dream Industrial Real Estate Investment Trust has a 1-year low of $10.80 and a 1-year high of $14.58. The stock has a 50-day moving average price of $12.76 and a 200-day moving average price of $13.02.

About Dream Industrial Real Estate Investment Trust (Get a rating)

Dream Industrial REIT is an unincorporated open-ended real estate investment trust. As of September 30, 2020, Dream Industrial REIT owned and operated a portfolio of 266 industrial properties comprising approximately 26.6 million square feet of gross leasable area in key North American markets and a growing presence in strong European industrial markets.

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Analyst Recommendations for Dream Industrial Real Estate Investment Trust (OTCMKTS: DREUF)



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