Dream Industrial Real Estate Invest Trst (TSE:DIR.UN – Get Rating) has been assigned a C$17.00 target price by research analysts at BMO Capital Markets in a report issued on Wednesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would suggest a potential upside of 15.18% from the company’s previous close.
Several other analysts also recently issued reports on DIR.UN. National Bankshares boosted their price target on Dream Industrial Real Estate Invest Trst from C$15.50 to C$17.00 and gave the company an “outperform” rating in a research note on Thursday, February 16th. Canaccord Genuity Group increased their price target on Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.00 in a research note on Thursday, February 16th. Royal Bank of Canada cut their target price on Dream Industrial Real Estate Invest Trst from C$16.00 to C$15.50 and set an “outperform” rating on the stock in a research report on Monday, November 7th. TD Securities raised their target price on Dream Industrial Real Estate Invest Trst from C$15.00 to C$17.00 and gave the company a “buy” rating in a report on Tuesday, February 21st. Finally, CIBC increased their price target on Dream Industrial Real Estate Invest Trst from C$14.50 to C$17.00 and gave the company an “outperform” rating in a research report on Thursday, February 16th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$16.72.
Dream Industrial Real Estate Invest Trst Price Performance
Shares of DIR.UN opened at C$14.76 on Wednesday. Dream Industrial Real Estate Invest Trst has a 1 year low of C$10.25 and a 1 year high of C$16.92. The company has a current ratio of 0.31, a quick ratio of 0.25 and a debt-to-equity ratio of 54.48. The stock has a market cap of C$3.79 billion, a P/E ratio of 5.66 and a beta of 1.21. The stock’s 50-day moving average price is C$13.55 and its two-hundred day moving average price is C$12.29.
About Dream Industrial Real Estate Invest Trst
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.
Featured Articles
Receive News & Ratings for Dream Industrial Real Estate Invest Trst Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Dream Industrial Real Estate Invest Trst and related companies with MarketBeat.com’s FREE daily email newsletter.