Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Given New C$15.00 Price Target at Royal Bank Of Canada

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its target price boosted by Royal Bank Of Canada from C$14.00 to C$15.00 in a research report sent to investors on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other analysts also recently weighed in on DIR.UN. Desjardins boosted their target price on shares of Dream Industrial Real Estate Invest Trst from C$14.50 to C$15.50 and gave the stock a “buy” rating in a report on Thursday, February 19th. TD Securities boosted their price objective on Dream Industrial Real Estate Invest Trst from C$14.00 to C$14.50 and gave the stock a “buy” rating in a research note on Thursday, December 18th. Raymond James Financial upped their price objective on Dream Industrial Real Estate Invest Trst from C$14.75 to C$15.00 and gave the company an “outperform” rating in a research report on Thursday, February 19th. BMO Capital Markets lifted their target price on Dream Industrial Real Estate Invest Trst from C$13.00 to C$14.00 in a report on Monday, November 10th. Finally, National Bank Financial boosted their target price on Dream Industrial Real Estate Invest Trst from C$14.50 to C$15.75 and gave the company an “outperform” rating in a research report on Friday, December 19th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$14.82.

Dream Industrial Real Estate Invest Trst Trading Up 1.1%

Shares of DIR.UN opened at C$13.44 on Monday. The stock has a market capitalization of C$3.94 billion, a PE ratio of 15.67 and a beta of 1.02. The company’s fifty day moving average is C$12.98 and its 200 day moving average is C$12.53. The company has a debt-to-equity ratio of 63.72, a quick ratio of 0.25 and a current ratio of 0.40. Dream Industrial Real Estate Invest Trst has a fifty-two week low of C$9.48 and a fifty-two week high of C$13.62.

Dream Industrial Real Estate Invest Trst Company Profile

Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada and the U.S. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the Canadian portfolio.