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

Posted by Linda Flegge on Apr 26th, 2024

Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN – Get Free Report) have been assigned a consensus recommendation of “Buy” from the seven research firms that are presently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$16.17.

DIR.UN has been the topic of a number of research analyst reports. National Bankshares lowered their price objective on shares of 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. Laurentian set a C$15.50 price objective on shares of Dream Industrial Real Estate Invest Trst and gave the company a “buy” rating in a research report on Monday, January 22nd. Finally, Raymond James lowered their price objective on shares of 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.

Read Our Latest Stock Report on Dream Industrial Real Estate Invest Trst

Dream Industrial Real Estate Invest Trst Stock Performance

Dream Industrial Real Estate Invest Trst stock opened at C$12.35 on Friday. The firm’s 50 day simple moving average is C$12.91 and its 200-day simple moving average is C$13.02. The company has a market cap of C$3.38 billion, a P/E ratio of 34.31 and a beta of 1.23. The company has a debt-to-equity ratio of 63.11, a current ratio of 0.21 and a quick ratio of 0.25. Dream Industrial Real Estate Invest Trst has a fifty-two week low of C$11.53 and a fifty-two week high of C$14.96.

Dream Industrial Real Estate Invest Trst Company Profile

(Get Free Report

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.