Analysts seem to be optimistic about Dream Industrl REIT (DIR.UN) lately, with several positive ratings in a row that it received in the past month alone. Scotiabank’s analyst Pammi Bir reiterates their Buy rating on the shares, with a C$11.75 price target.
Bir has an average return of 13.5% when recommending Dream Industrl REIT.
According to TipRanks.com, Bir is ranked #675 out of 5188 analysts.
Dream Industrl REIT has an analyst consensus of Strong Buy, with a price target consensus of C$11.63, representing a 5.8% upside. In a report issued on February 13, Desjardins also reiterated a Buy rating on the stock with a C$11.75 price target.
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Dream Industrl REIT’s market cap is currently C$1.2B and has a P/E ratio of 8.1. The company has a Price to Book ratio of 1.30.
Dream Industrial Real Estate Investment Trust operates as an open-ended real estate investment trust. It provides investors the opportunity to invest in a Canadian focused, industrial real estate investment trust. The company owns and manages a portfolio of light industrial properties located in primary and secondary markets across Canada.
The company’s shares closed on Thursday at C$10.99.
