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

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) has been assigned a consensus recommendation of “Buy” from the seven research firms that are currently covering the company, MarketBeat reports. Seven 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$16.28.

A number of research analysts have weighed in on the stock. Raymond James boosted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$16.00 to C$16.50 and gave the company an “outperform” rating in a research report on Monday, January 8th. Laurentian set a C$15.50 price target on shares of Dream Industrial Real Estate Invest Trst and gave the stock a “buy” rating in a report on Monday, January 22nd. Finally, National Bankshares upped their price target on shares of Dream Industrial Real Estate Invest Trst from C$16.00 to C$16.50 and gave the stock an “outperform” rating in a report on Monday, January 29th.

Dream Industrial Real Estate Invest Trst Trading Down 0.2 %

DIR.UN stock opened at C$12.37 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.21 and a debt-to-equity ratio of 63.11. Dream Industrial Real Estate Invest Trst has a twelve month low of C$11.53 and a twelve month high of C$15.13. The stock has a market capitalization of C$3.38 billion, a price-to-earnings ratio of 34.36 and a beta of 1.23. The firm’s fifty day simple moving average is C$12.96 and its two-hundred day simple moving average is C$13.02.

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.