Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Receives $18.75 Consensus Price Target from Brokerages

Shares of Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUFGet Rating) have received an average rating of “Buy” from the nine ratings firms that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $18.75.

Several research analysts have issued reports on DREUF shares. Royal Bank of Canada dropped their target price on shares of Dream Industrial Real Estate Investment Trust from C$19.50 to C$18.50 in a report on Friday, May 6th. Canaccord Genuity Group dropped their target price on shares of Dream Industrial Real Estate Investment Trust from C$21.00 to C$19.00 in a report on Wednesday, April 6th. Raymond James dropped their target price on shares of Dream Industrial Real Estate Investment Trust from C$19.50 to C$18.75 in a report on Tuesday, May 10th. Desjardins dropped their target price on shares of Dream Industrial Real Estate Investment Trust from C$19.50 to C$18.00 in a report on Friday, May 6th. Finally, Scotiabank increased their target price on shares of Dream Industrial Real Estate Investment Trust from C$19.00 to C$19.50 in a report on Friday, February 18th.

Shares of Dream Industrial Real Estate Investment Trust stock opened at $10.90 on Friday. Dream Industrial Real Estate Investment Trust has a 1 year low of $10.37 and a 1 year high of $14.58. The firm’s 50-day moving average is $12.24 and its two-hundred day moving average is $12.75.

Dream Industrial Real Estate Investment Trust Company Profile (Get Rating)

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at September 30, 2020, Dream Industrial REIT owns and operates a portfolio of 266 industrial properties comprising approximately 26.6 million square feet of gross leasable area in key markets across North America 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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