Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Receives Average Recommendation of "Buy" from Analysts

Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Get Free Report) have been given a consensus recommendation of "Buy" by the eight analysts that are covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a buy rating. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$16.00.

DIR.UN has been the topic of several research reports. National Bankshares boosted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$16.50 to C$17.00 in a research report on Wednesday, October 9th. TD Securities lifted their price target on shares of Dream Industrial Real Estate Invest Trst from C$15.00 to C$16.00 and gave the company a "buy" rating in a research note on Wednesday, September 4th.

Dream Industrial Real Estate Invest Trst Stock Performance

Dream Industrial Real Estate Invest Trst has a twelve month low of C$11.53 and a twelve month high of C$14.65. The company has a current ratio of 0.40, a quick ratio of 0.25 and a debt-to-equity ratio of 63.72. The stock has a fifty day moving average price of C$13.83 and a two-hundred day moving average price of C$13.19. The firm has a market capitalization of C$3.75 billion, a price-to-earnings ratio of 22.20 and a beta of 1.25.

About Dream Industrial Real Estate Invest Trst

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2023, we own, manage and operate a global portfolio of well-located, diversified industrial properties comprising 327 assets totalling approximately 71.4 million square feet of GLA in key markets across Canada, Europe and the U.S.