Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF – Get Rating) shares rose 2.2% during mid-day trading on Monday . The stock traded as high as $10.35 and last traded at $10.35. Approximately 6,366 shares were traded during trading, an increase of 219% from the average daily volume of 1,996 shares. The stock had previously closed at $10.13.
Analyst Ratings Changes
A number of analysts have recently commented on DREUF shares. Raymond James cut their target price on shares of Dream Industrial Real Estate Investment Trust from C$16.00 to C$15.25 in a research note on Thursday, November 3rd. National Bank Financial dropped their price target on Dream Industrial Real Estate Investment Trust from C$14.25 to C$13.50 in a research report on Monday, October 24th. Scotiabank decreased their price objective on Dream Industrial Real Estate Investment Trust from C$16.00 to C$15.00 in a report on Friday, November 4th. Finally, Royal Bank of Canada lowered their target price on shares of Dream Industrial Real Estate Investment Trust from C$16.00 to C$15.50 in a research note on Monday, November 7th.
Dream Industrial Real Estate Investment Trust Trading Up 2.2 %
The company has a fifty day moving average price of $8.97 and a two-hundred day moving average price of $8.91.
About Dream Industrial Real Estate Investment Trust
Dream Industrial Real Estate Investment Trust operates as an open-ended real estate investment trust. It provides investors the opportunity to invest in a Canadian focused, industrial real estate investment trust. The firm owns and manages a portfolio of light industrial properties located in primary and secondary markets across Canada.
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