Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Receives Average Recommendation of “Buy” from Brokerages

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) has received an average recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company.

DREUF has been the subject of several recent research reports. Scotiabank restated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a report on Thursday, December 18th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a report on Friday, February 20th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research report on Monday, February 23rd. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research note on Thursday, February 19th.

Dream Industrial Real Estate Investment Trust Stock Down 2.9%

OTCMKTS:DREUF opened at $9.01 on Friday. Dream Industrial Real Estate Investment Trust has a 52-week low of $6.68 and a 52-week high of $9.96. The stock has a fifty day simple moving average of $9.55 and a 200-day simple moving average of $9.13.

About Dream Industrial Real Estate Investment Trust

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) is a Canadian-based real estate investment trust focused on owning, managing and developing industrial properties. The trust’s portfolio comprises modern warehouses, distribution centres and manufacturing facilities that serve a broad tenant base, including third-party logistics providers, e-commerce operators and light-industrial companies. Its assets are strategically located to support supply chain networks and distribution channels across key markets in North America.

As of its most recent reporting, Dream Industrial’s real estate holdings are diversified by geography and property type.