Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price target increased by stock analysts at Scotiabank from C$8.75 to C$9.25 in a report released on Tuesday. The firm presently has a “sector perform” rating on the stock.

Several other brokerages have also commented on DIR.UN. CIBC lifted their price target on shares of Dream Industrial Real Estate Invest Trst from C$9.00 to C$9.50 in a research note on Thursday, August 10th. TD Securities lifted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$8.50 to C$9.00 and gave the company a “hold” rating in a research note on Thursday, August 10th. National Bank Financial lifted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$8.75 to C$9.25 and gave the company a “sector perform” rating in a research note on Monday, July 31st. Eight Capital lifted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$8.00 to C$9.00 and gave the company a “neutral” rating in a research note on Wednesday, July 26th. Finally, Canaccord Genuity upgraded shares of Dream Industrial Real Estate Invest Trst from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$8.75 to C$10.00 in a research note on Tuesday, July 11th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Dream Industrial Real Estate Invest Trst currently has a consensus rating of “Hold” and a consensus target price of C$9.33.

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About Dream Industrial Real Estate Invest Trst

Dream Industrial Real Estate Investment Trust is an open-ended investment trust. The Trust’s objective is managing its business to provide growing cash flow and stable and sustainable returns, through adapting its strategy and tactics to changes in the real estate industry and the economy; building and maintaining a diversified, growth-oriented portfolio of light industrial properties in Canadian markets based on an established platform; providing predictable and sustainable cash distributions to unitholders while prudently managing its capital structure over time, and maintaining a REIT that satisfies the REIT exception under the specified investment flow-through (SIFT) legislation in order to provide certainty to unitholders with respect to taxation of distributions.

Analyst Recommendations for Dream Industrial Real Estate Invest Trst (TSE:DIR.UN)

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