Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Given New C$16.00 Price Target at National Bankshares

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price objective decreased by National Bankshares from C$16.50 to C$16.00 in a research report sent to investors on Wednesday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Several other research firms also recently issued reports on DIR.UN. Laurentian set a C$15.50 price target on shares of Dream Industrial Real Estate Invest Trst and gave the stock a buy rating in a research note on Monday, January 22nd. Raymond James lifted their price target on shares of Dream Industrial Real Estate Invest Trst from C$16.00 to C$16.50 and gave the stock an outperform rating in a research note on Monday, January 8th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of Buy and a consensus target price of C$16.17.

Dream Industrial Real Estate Invest Trst Stock Performance

Shares of DIR.UN stock opened at C$12.53 on Wednesday. Dream Industrial Real Estate Invest Trst has a 52 week low of C$11.53 and a 52 week high of C$15.06. The company has a market cap of C$3.42 billion, a PE ratio of 34.81 and a beta of 1.23. The company has a current ratio of 0.21, a quick ratio of 0.25 and a debt-to-equity ratio of 63.11. The company’s fifty day simple moving average is C$12.93 and its 200-day simple moving average is C$13.02.

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.