Dream Industrial Real Estate Invest Trst (TSE:DIR.UN - Get Free Report) had its price objective reduced by investment analysts at Royal Bank of Canada from C$16.00 to C$14.00 in a report issued on Monday,BayStreet.CA reports. Royal Bank of Canada's price target would indicate a potential upside of 32.83% from the stock's previous close.
DIR.UN has been the subject of several other reports. Raymond James lowered their price objective on Dream Industrial Real Estate Invest Trst from C$15.75 to C$14.50 in a research report on Monday, January 13th. TD Securities lowered their price objective on 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 report on Thursday. Finally, Scotiabank lowered their price objective on 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 research report on Tuesday, April 8th.
Read Our Latest Analysis on DIR.UN
Dream Industrial Real Estate Invest Trst Price Performance
Shares of DIR.UN stock traded up C$0.28 during trading hours on Monday, reaching C$10.54. The company's stock had a trading volume of 331,853 shares, compared to its average volume of 635,139. The firm's 50 day simple moving average is C$10.85 and its 200-day simple moving average is C$11.73. The company has a market capitalization of C$2.91 billion, a price-to-earnings ratio of 17.28 and a beta of 1.25. Dream Industrial Real Estate Invest Trst has a fifty-two week low of C$9.48 and a fifty-two week high of C$14.65. The company has a quick ratio of 0.25, a current ratio of 0.40 and a debt-to-equity ratio of 63.72.
About Dream Industrial Real Estate Invest Trst
(
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.
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