Raymond James Issues Pessimistic Forecast for Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Stock Price

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price target dropped by research analysts at Raymond James from C$15.75 to C$14.50 in a report issued on Monday,BayStreet.CA reports. Raymond James’ target price points to a potential upside of 24.68% from the company’s previous close.

Separately, National Bankshares raised their target price on Dream Industrial Real Estate Invest Trst from C$16.50 to C$17.00 in a research note on Wednesday, October 9th.

Dream Industrial Real Estate Invest Trst Price Performance

DIR.UN opened at C$11.63 on Monday. Dream Industrial Real Estate Invest Trst has a twelve month low of C$11.47 and a twelve month high of C$14.65. The firm has a market cap of C$3.21 billion, a price-to-earnings ratio of 19.07 and a beta of 1.25. The company has a current ratio of 0.40, a quick ratio of 0.25 and a debt-to-equity ratio of 63.72. The company has a fifty day simple moving average of C$12.35 and a 200 day simple moving average of C$13.12.

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.