Dream Industrial Real Estate Invest Trst (DIR) Stock Rating Upgraded by National Bank Financial
Dream Industrial Real Estate Invest Trst (TSE:DIR) was upgraded by National Bank Financial from a “sector perform under weight” rating to an “outperfrom under weight” rating in a report issued on Tuesday.
Separately, Desjardins raised Dream Industrial Real Estate Invest Trst from a “hold” rating to a “buy” rating in a report on Wednesday, November 22nd.
Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR) opened at C$9.12 on Tuesday. Dream Industrial Real Estate Invest Trst has a 1-year low of C$8.03 and a 1-year high of C$9.49. The company has a market capitalization of $682.63, a price-to-earnings ratio of 228.00 and a beta of 0.46.
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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.
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