Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Price Target Cut to C$16.00 by Analysts at Scotia

Key Points

• Scotia cut its price target on Dream Industrial REIT from C$16.50 to C$16.00, while maintaining a “sector outperform” rating; the new target implies 23.84% upside from the previous close.
• Other analysts were largely positive: National Bank Financial, TD, Canaccord Genuity, and Desjardins raised targets, and eight analysts rate the stock Buy. MarketBeat reports an average target of C$15.33.
• Shares traded at C$12.92 on Thursday, down C$0.14. The trust reported quarterly EPS of C$0.23 and revenue of C$131.3 million.

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Get Free Report) had its price objective cut by investment analysts at Scotia from C$16.50 to C$16.00 in a report released on Thursday, BayStreet reports. The brokerage presently has a "sector outperform" rating on the stock. Scotia's target price would indicate a potential upside of 23.84% from the company's previous close.

A number of other research firms also recently issued reports on DIR.UN. National Bank Financial lifted their price objective on Dream Industrial Real Estate Invest Trst from C$14.75 to C$15.00 and gave the stock an "outperform" rating in a research note on Thursday. TD increased their target price on Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Canaccord Genuity Group increased their target price on Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.50 and gave the company a "buy" rating in a research report on Thursday, August 6th. Finally, Desjardins raised their target price on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Eight research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of C$15.33.

Dream Industrial Real Estate Invest Trst Price Performance

Shares of DIR.UN stock traded down C$0.14 during trading hours on Thursday, hitting C$12.92. The stock had a trading volume of 630,866 shares, compared to its average volume of 611,170. Dream Industrial Real Estate Invest Trst has a one year low of C$11.81 and a one year high of C$14.85. The company has a debt-to-equity ratio of 63.72, a current ratio of 0.40 and a quick ratio of 0.24. The stock's 50-day moving average price is C$12.93 and its two-hundred day moving average price is C$13.46. The stock has a market capitalization of C$3.72 billion, a price-to-earnings ratio of 22.35 and a beta of 1.06.

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported C$0.23 EPS for the quarter. Dream Industrial Real Estate Invest Trst had a return on equity of 3.88% and a net margin of 37.00%. The company had revenue of C$131.30 million for the quarter. Equities analysts forecast that Dream Industrial Real Estate Invest Trst will post 0.89 EPS for the current year.

Dream Industrial Real Estate Invest Trst Company Profile

Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties. As at June 30, 2026, Dream Industrial REIT has an interest in and manages a portfolio which comprises 348 industrial assets (565 buildings) totalling approximately 75.7 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT's objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet.

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