Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) PT Lowered to C$16.00

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price target lowered by Raymond James from C$16.50 to C$16.00 in a report published on Wednesday, BayStreet.CA reports. Raymond James currently has an outperform rating on the stock.

DIR.UN has been the topic of several other reports. Laurentian set a C$15.50 price target on Dream Industrial Real Estate Invest Trst and gave the stock a buy rating in a research report on Monday, January 22nd. National Bankshares cut their price target on Dream Industrial Real Estate Invest Trst from C$16.50 to C$16.00 and set an outperform rating on the stock in a research report on Wednesday. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Dream Industrial Real Estate Invest Trst presently has a consensus rating of Buy and a consensus target price of C$16.17.

Dream Industrial Real Estate Invest Trst Price Performance

Shares of DIR.UN opened at C$12.47 on Wednesday. The business’s 50-day moving average is C$12.89 and its two-hundred day moving average is C$13.01. The company has a market capitalization of C$3.41 billion, a P/E ratio of 34.64 and a beta of 1.23. The company has a debt-to-equity ratio of 63.11, a quick ratio of 0.25 and a current ratio of 0.21. Dream Industrial Real Estate Invest Trst has a fifty-two week low of C$11.53 and a fifty-two week high of C$14.96.

Dream Industrial Real Estate Invest Trst Company Profile

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.