Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Receives Consensus Rating of “Buy” from Brokerages

Dream Industrial Real Estate Invest Trst (TSE:DIR.UNGet Free Report) has received an average rating of “Buy” from the seven research firms that are presently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$15.47.

Several research firms recently weighed in on DIR.UN. National Bank Financial lifted their price target on shares of Dream Industrial Real Estate Invest Trst from C$16.25 to C$16.75 and gave the company an “outperform” rating in a report on Thursday, August 6th. TD upped their price objective on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Canaccord Genuity Group raised their target price on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.50 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Desjardins lifted their target price on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.00 and gave the company a “buy” rating in a research note on Thursday, August 6th.

Check Out Our Latest Research Report on DIR.UN

Dream Industrial Real Estate Invest Trst Trading Down 0.1%

DIR.UN opened at C$13.98 on Friday. Dream Industrial Real Estate Invest Trst has a one year low of C$11.81 and a one year high of C$14.85. The company has a debt-to-equity ratio of 63.72, a current ratio of 0.40 and a quick ratio of 0.24. The business has a 50 day simple moving average of C$14.24 and a two-hundred day simple moving average of C$13.63. The firm has a market capitalization of C$3.92 billion, a price-to-earnings ratio of 24.19 and a beta of 1.15.

Dream Industrial Real Estate Invest Trst (TSE:DIR.UNGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported C$0.11 earnings per share for the quarter. The firm had revenue of C$131.42 million for the quarter. Dream Industrial Real Estate Invest Trst had a return on equity of 3.88% and a net margin of 37.00%. Analysts predict that Dream Industrial Real Estate Invest Trst will post 0.892928 EPS for the current year.

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. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the Canadian portfolio.

Recommended Stories

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 Trst and related companies with MarketBeat.com's FREE daily email newsletter.