Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) have earned a consensus recommendation of “Buy” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$15.86.

Several brokerages recently commented on DIR.UN. National Bankshares cut their price objective on Dream Industrial Real Estate Invest Trst from C$16.50 to C$16.00 and set an “outperform” rating for the company in a report on Wednesday, April 24th. Raymond James cut their price objective on Dream Industrial Real Estate Invest Trst from C$16.50 to C$16.00 and set an “outperform” rating for the company in a report on Wednesday, April 24th.

Dream Industrial Real Estate Invest Trst Stock Performance

Shares of DIR.UN opened at C$12.69 on Friday. The company has a debt-to-equity ratio of 64.46, a current ratio of 0.26 and a quick ratio of 0.25. Dream Industrial Real Estate Invest Trst has a one year low of C$11.53 and a one year high of C$14.64. The firm has a market capitalization of C$3.49 billion, a P/E ratio of 18.39 and a beta of 1.25. The business has a fifty day moving average of C$12.68 and a 200 day moving average of C$13.03.

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.