National Bankshares Boosts Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Price Target to C$15.75

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price target boosted by analysts at National Bankshares from C$14.50 to C$15.75 in a note issued to investors on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target points to a potential upside of 24.90% from the stock’s current price.

DIR.UN has been the subject of a number of other reports. BMO Capital Markets upped their price objective on Dream Industrial Real Estate Invest Trst from C$13.00 to C$14.00 in a report on Monday, November 10th. Desjardins lifted their target price on shares of Dream Industrial Real Estate Invest Trst from C$14.00 to C$14.50 and gave the company a “buy” rating in a report on Monday, October 6th. Finally, TD Securities upped their price target on shares of Dream Industrial Real Estate Invest Trst from C$14.00 to C$14.50 and gave the stock a “buy” rating in a research report on Thursday. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$14.36.

Dream Industrial Real Estate Invest Trst Stock Performance

DIR.UN stock opened at C$12.61 on Friday. The company has a market capitalization of C$3.69 billion, a P/E ratio of 14.71 and a beta of 1.17. Dream Industrial Real Estate Invest Trst has a 1-year low of C$9.48 and a 1-year high of C$12.81. The company has a debt-to-equity ratio of 63.72, a current ratio of 0.40 and a quick ratio of 0.25. The business has a 50-day moving average price of C$12.25 and a 200 day moving average price of C$12.10.

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) last released its earnings results on Tuesday, November 4th. The company reported C$0.16 earnings per share (EPS) for the quarter. The firm had revenue of C$126.62 million during the quarter. Dream Industrial Real Estate Invest Trst had a net margin of 37.00% and a return on equity of 3.88%. As a group, equities research analysts forecast that Dream Industrial Real Estate Invest Trst will post 0.892928 EPS for the current fiscal year.

Dream Industrial Real Estate Invest Trst Company Profile

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. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the Canadian portfolio.