Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Get Free Report) was downgraded by investment analysts at Raymond James Financial from a "strong-buy" rating to an "outperform" rating in a research report issued on Thursday,BayStreet.CA reports. They presently have a C$13.75 price objective on the stock, up from their previous price objective of C$13.00. Raymond James Financial's price target indicates a potential upside of 16.43% from the stock's current price.
A number of other equities research analysts have also weighed in on the stock. Scotiabank decreased their price objective on shares of Dream Industrial Real Estate Invest Trst from C$16.00 to C$14.00 and set a "sector perform" rating for the company in a report on Tuesday, April 8th. TD Securities reduced their price objective on shares of Dream Industrial Real Estate Invest Trst from C$13.00 to C$12.50 and set a "buy" rating for the company in a research note on Thursday, May 8th. Finally, Royal Bank Of Canada reduced their price objective on shares of Dream Industrial Real Estate Invest Trst from C$16.00 to C$14.00 in a research note on Monday, May 12th.
Read Our Latest Stock Analysis on DIR.UN
Dream Industrial Real Estate Invest Trst Price Performance
DIR.UN traded up C$0.25 during trading on Thursday, hitting C$11.81. 188,049 shares of the company traded hands, compared to its average volume of 648,707. The company has a market cap of C$3.26 billion, a PE ratio of 19.36 and a beta of 1.25. The stock's 50-day simple moving average is C$11.41 and its two-hundred day simple moving average is C$11.32. Dream Industrial Real Estate Invest Trst has a 1 year low of C$9.48 and a 1 year high of C$14.65. The company has a current ratio of 0.40, a quick ratio of 0.25 and a debt-to-equity ratio of 63.72.
Dream Industrial Real Estate Invest Trst Company Profile
(
Get Free Report)
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada and the U.S. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders.
Featured Articles
Before you consider Dream Industrial Real Estate Invest Trst, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dream Industrial Real Estate Invest Trst wasn't on the list.
While Dream Industrial Real Estate Invest Trst currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access