Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) PT Raised to C$16.00 at Canaccord Genuity Group

Dream Industrial Real Estate Invest Trust (TSE:DIR.UN – Get Rating) had its price target boosted by equity research analysts at Canaccord Genuity Group from C$15.50 to C$16.00 in a research note issued on Thursday, BayStreet.CA reports. Canaccord Genuity Group’s target price points to a potential upside of 7.17% from the stock’s previous close.

DIR.UN has been the topic of a number of other reports. Raymond James lifted their price target on Dream Industrial Real Estate Invest Try from C$15.25 to C$16.75 and gave the company an “outperform” rating in a research note on Thursday. TD Securities reduced their price objective on Dream Industrial Real Estate Invest Trust from C$16.00 to C$15.00 and set a “buy” rating for the company in a report on Thursday, October 20th. CIBC boosted their price target on Dream Industrial Real Estate Invest Trust from C$14.50 to C$17.00 and gave the stock an “outperform” rating in a report on Thursday. National Bankshares boosted their price target on Dream Industrial Real Estate Invest Trust from C$15.50 to C$17.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Royal Bank of Canada lowered their price objective on Dream Industrial Real Estate Invest Trust from C$16.00 to C$15.50 and set an “outperform” rating for the company in a research report on Monday, November 7th. Five equity research analysts have rated the stock with a buy rating, According to MarketBeat.com, Dream Industrial Real Estate Invest Trust currently has an average rating of “Buy” and a consensus target price of C$16.18.

Dream Industrial Real Estate Invest Trst Trading Up 1.9 %

TSE:DIR.UN opened at C$14.93 on Thursday. The stock’s 50 day moving average price is C$13.03 and its 200 day moving average price is C$12.17. The company has a market capitalization of C$3.82 billion and a PE ratio of 4.23. The company has a quick ratio of 0.25, a current ratio of 0.27 and a debt-to-equity ratio of 50.76. Dream Industrial Real Estate Invest Trust has a 52-week low of C$10.25 and a 52-week high of C$17.09.

About Dream Industrial Real Estate Invest Trst

Want More Great Investment Ideas?

(Get Rating)

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 US

Featured Articles

Analyst Recommendations for Dream Industrial Real Estate Invest Trst (TSE:DIR.UN)

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 Trust and related companies with MarketBeat.com’s FREE daily email newsletter.