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

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its target price trimmed by Raymond James from C$16.50 to C$16.00 in a report published on Wednesday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts have also issued reports about the company. National Bankshares dropped their target price on Dream Industrial Real Estate Invest Trst from C$16.50 to C$16.00 and set an outperform rating on the stock in a research report on Wednesday. Laurentian set a C$15.50 target price on Dream Industrial Real Estate Invest Trst and gave the stock a buy rating in a research report on Monday, January 22nd. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of Buy and a consensus price target of C$16.17.

Dream Industrial Real Estate Invest Trst Stock Up 1.0 %

TSE:DIR.UN opened at C$12.47 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. Dream Industrial Real Estate Invest Trst has a 1-year low of C$11.53 and a 1-year high of C$14.96. The business’s fifty day moving average price is C$12.87 and its 200 day moving average price is C$13.01. The firm has a market capitalization of C$3.41 billion, a price-to-earnings ratio of 34.64 and a beta of 1.23.

Dream Industrial Real Estate Invest Trst Company Profile

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.