According to a report by Marketbeat Ratings, Dream Industrial Real Estate Invest Trst (DIR.UN) has received a consensus rating of “Buy” from seven brokerages. These ratings are based on various reports published by research analysts. The average target price for the stock in the next year is estimated to be C$17.08.
Recent reports on DIR.UN have been issued by National Bankshares and TD Securities. National Bankshares reduced its price target for the stock from C$18.50 to C$17.50, while TD Securities decreased theirs from C$17.00 to C$16.50.
As of Friday, DIR.UN’s shares opened at C$14.22. The company has a market capitalization of C$3.81 billion and a P/E ratio of 26.83. The stock has a beta of 1.19, indicating slightly higher volatility compared to the overall market. The company’s quick ratio is 0.25, current ratio is 0.18, and debt-to-equity ratio is 63.98. The stock’s 50-day simple moving average is C$14.01, and the 200-day simple moving average is C$14.15. The stock’s 52-week range is between C$10.25 and C$15.14.
Dream Industrial Real Estate Invest Trst is an unincorporated real estate investment trust with indefinite duration. The company owns and operates a portfolio of 223 light industrial properties, with approximately 20.2 million square feet of gross leasable area. These properties are located in key markets in Canada and the United States.
Source: Marketbeat Ratings