Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Receives C$15.88 Consensus Price Target from Brokerages

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) has been given an average rating of “Buy” by the eight research firms that are currently covering the firm, Marketbeat reports. Eight investment analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$15.88.

Separately, TD Securities boosted their price target on shares of Dream Industrial Real Estate Invest Trst from C$15.00 to C$16.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th.

Dream Industrial Real Estate Invest Trst Stock Down 1.5 %

Shares of TSE DIR.UN opened at C$14.22 on Friday. 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 has a 50-day moving average price of C$13.75 and a 200-day moving average price of C$13.10. The stock has a market capitalization of C$3.92 billion, a P/E ratio of 23.70 and a beta of 1.25. Dream Industrial Real Estate Invest Trst has a 1 year low of C$11.53 and a 1 year high of C$14.65.

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.