Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Shares Up 1% – What’s Next?

Shares of Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) were up 1% on Tuesday . The company traded as high as $8.83 and last traded at $8.81. Approximately 41,835 shares traded hands during mid-day trading, an increase of 0% from the average daily volume of 41,777 shares. The stock had previously closed at $8.72.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on DREUF shares. National Bankshares reaffirmed an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research note on Tuesday, July 15th. Scotiabank restated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy”.

Dream Industrial Real Estate Investment Trust Price Performance

The stock’s 50-day moving average is $8.88 and its 200 day moving average is $8.38.

About Dream Industrial Real Estate Investment Trust

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.4 million square feet of GLA in key markets across Canada, Europe and the U.S.