Dream Industrial Real Estate Invest Trst (TSE:DIR.UN – Get Rating) has earned an average rating of “Buy” from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a buy rating. The average 12 month price objective among brokers that have covered the stock in the last year is C$18.67.
DIR.UN has been the topic of several recent research reports. TD Securities set a C$19.50 price objective on shares of Dream Industrial Real Estate Invest Trst and gave the company a “buy” rating in a report on Thursday, March 10th. CIBC dropped their price objective on shares of Dream Industrial Real Estate Invest Trst from C$18.00 to C$17.00 in a report on Monday, June 27th. Royal Bank of Canada dropped their price objective on shares of Dream Industrial Real Estate Invest Trst from C$19.50 to C$18.50 and set an “outperform” rating on the stock in a report on Friday, May 6th. Raymond James dropped their price objective on shares of Dream Industrial Real Estate Invest Trst from C$19.50 to C$18.75 and set an “outperform” rating on the stock in a report on Tuesday, May 10th. Finally, National Bankshares started coverage on shares of Dream Industrial Real Estate Invest Trst in a report on Friday, March 11th. They issued a “buy” rating and a C$19.25 price objective on the stock.
TSE:DIR.UN opened at C$12.08 on Monday. The company has a market cap of C$3.30 billion and a PE ratio of 3.02. Dream Industrial Real Estate Invest Trst has a twelve month low of C$11.76 and a twelve month high of C$17.60. The company has a current ratio of 1.58, a quick ratio of 1.52 and a debt-to-equity ratio of 48.72. The company’s 50 day moving average is C$13.53 and its two-hundred day moving average is C$15.29.
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About Dream Industrial Real Estate Invest Trst (Get Rating)
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.
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