National Bankshares Lowers Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Price Target to C$16.00

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price objective trimmed by National Bankshares from C$16.50 to C$16.00 in a research note published on Wednesday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

DIR.UN has been the subject of several other reports. Laurentian set a C$15.50 price objective on shares of Dream Industrial Real Estate Invest Trst and gave the stock a buy rating in a report on Monday, January 22nd. Raymond James upped their target price 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 note on Monday, January 8th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of Buy and an average price target of C$16.17.

Dream Industrial Real Estate Invest Trst Price Performance

TSE DIR.UN opened at C$12.53 on Wednesday. The company has a current ratio of 0.21, a quick ratio of 0.25 and a debt-to-equity ratio of 63.11. The company has a fifty day simple moving average of C$12.93 and a 200 day simple moving average of C$13.02. The company has a market cap of C$3.42 billion, a P/E ratio of 34.81 and a beta of 1.23. Dream Industrial Real Estate Invest Trst has a 1 year low of C$11.53 and a 1 year high of C$15.06.

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.