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

Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) have been given a consensus recommendation of “Buy” by the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$15.94.

A number of research firms recently weighed in on DIR.UN. National Bankshares decreased their target price 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 report on Wednesday, April 24th. Raymond James decreased their target price 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 report on Wednesday, April 24th.

Dream Industrial Real Estate Invest Trst Trading Down 1.0 %

Shares of TSE:DIR.UN opened at C$12.81 on Thursday. The company has a market cap of C$3.52 billion, a P/E ratio of 18.57 and a beta of 1.25. The stock’s 50-day moving average is C$12.78 and its 200-day moving average is C$13.09. Dream Industrial Real Estate Invest Trst has a 52-week low of C$11.53 and a 52-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.

About Dream Industrial Real Estate Invest Trst

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.