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Scotiabank Lowers Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Price Target to C$14.00

Dream Industrial Real Estate Invest Trst logo with Real Estate background
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Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Free Report) had its price objective reduced by Scotiabank from C$16.00 to C$14.00 in a research note released on Tuesday morning,BayStreet.CA reports. Scotiabank currently has a sector perform rating on the stock.

Separately, Raymond James lowered their price target on Dream Industrial Real Estate Invest Trst from C$15.75 to C$14.50 in a research report on Monday, January 13th.

View Our Latest Stock Analysis on Dream Industrial Real Estate Invest Trst

Dream Industrial Real Estate Invest Trst Trading Up 0.3 %

Shares of DIR.UN stock traded up C$0.03 during trading hours on Tuesday, hitting C$9.90. The company had a trading volume of 608,834 shares, compared to its average volume of 604,956. Dream Industrial Real Estate Invest Trst has a fifty-two week low of C$9.48 and a fifty-two week high of C$14.65. The company has a debt-to-equity ratio of 63.72, a current ratio of 0.40 and a quick ratio of 0.25. The company's fifty day moving average is C$11.38 and its 200 day moving average is C$12.23. The stock has a market capitalization of C$2.73 billion, a PE ratio of 16.23 and a beta of 1.25.

About Dream Industrial Real Estate Invest Trst

(Get Free Report)

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.

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