Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Given New C$13.25 Price Target at Canaccord Genuity

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price objective lifted by Canaccord Genuity from C$12.25 to C$13.25 in a report issued on Thursday, AnalystRatings.com reports. The firm currently has an average rating on the stock.

Several other equities research analysts also recently commented on the stock. CIBC upped their price target on shares of Dream Industrial Real Estate Invest Trst from C$12.50 to C$12.75 in a research report on Thursday. TD Securities upped their price target on shares of Dream Industrial Real Estate Invest Trst from C$13.00 to C$13.50 and gave the company a buy rating in a research report on Tuesday, June 18th. National Bank Financial upped their price target on shares of Dream Industrial Real Estate Invest Trst from C$12.50 to C$13.00 and gave the company an outperform rating in a research report on Tuesday, June 18th. Finally, Desjardins upped their price target on shares of Dream Industrial Real Estate Invest Trst from C$12.50 to C$13.00 in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Dream Industrial Real Estate Invest Trst currently has an average rating of Hold and an average price target of C$12.96.

Shares of TSE:DIR.UN traded down C$0.10 during mid-day trading on Thursday, hitting C$12.16. The stock had a trading volume of 121,334 shares, compared to its average volume of 211,198. The company has a current ratio of 0.17, a quick ratio of 0.11 and a debt-to-equity ratio of 93.04. The stock has a market capitalization of $926.83 million and a P/E ratio of 12.43. Dream Industrial Real Estate Invest Trst has a 12-month low of C$9.25 and a 12-month high of C$12.36. The firm’s 50 day simple moving average is C$12.09.

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.

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Analyst Recommendations for Dream Industrial Real Estate Invest Trst (TSE:DIR.UN)

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