Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Given Consensus Rating of “Buy” by Analysts

Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) have been given a consensus recommendation of “Buy” by the eight analysts that are presently covering the company, MarketBeat reports. Eight research analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$15.88.

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

Dream Industrial Real Estate Invest Trst Price Performance

DIR.UN opened at C$14.41 on Friday. The company has a market capitalization of C$3.98 billion, a price-to-earnings ratio of 24.02 and a beta of 1.25. The firm has a 50-day moving average price of C$13.72 and a 200-day moving average price of C$13.08. 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 quick ratio of 0.25, a current ratio of 0.40 and a debt-to-equity ratio of 63.72.

Dream Industrial Real Estate Invest Trst Company Profile

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.