Dream Industrial Real Estate Invest Trst’s (DIR.UN) Outperform Rating Reaffirmed at Royal Bank of Canada

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Royal Bank of Canada restated their outperform rating on shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) in a report released on Thursday, BayStreet.CA reports. They currently have a C$15.00 price objective on the stock.

Other equities analysts have also issued research reports about the stock. TD Securities boosted their target price on shares of Dream Industrial Real Estate Invest Trst from C$14.50 to C$15.00 and gave the stock a buy rating in a research report on Wednesday. National Bank Financial set a C$14.25 target price on shares of Dream Industrial Real Estate Invest Trst and gave the stock an outperform rating in a research report on Tuesday, December 3rd. Finally, CIBC boosted their target price on shares of Dream Industrial Real Estate Invest Trst from C$13.75 to C$14.50 in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of C$13.82.

DIR.UN stock traded down C$0.01 on Thursday, reaching C$13.08. 220,156 shares of the company were exchanged, compared to its average volume of 211,198. Dream Industrial Real Estate Invest Trst has a 12 month low of C$9.32 and a 12 month high of C$14.13. The stock’s fifty day moving average price is C$13.62 and its 200 day moving average price is C$12.70. The firm has a market capitalization of $1.58 billion and a PE ratio of 11.35. The company has a debt-to-equity ratio of 66.26, a current ratio of 1.84 and a quick ratio of 1.72.

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.

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

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