Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Receives Average Recommendation of “Buy” from Analysts


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Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) has been given a consensus rating of “Buy” by the eight brokerages that are covering the company, Marketbeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $14.57.

DREUF has been the subject of a number of analyst reports. National Bank Financial restated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a report on Tuesday, April 27th. Scotiabank increased their target price on Dream Industrial Real Estate Investment Trust from $14.75 to $15.00 and gave the company an “outperform” rating in a research note on Tuesday, April 27th. TD Securities increased their target price on Dream Industrial Real Estate Investment Trust from $14.50 to $15.00 and gave the company a “buy” rating in a research note on Thursday, February 18th. Raymond James increased their target price on Dream Industrial Real Estate Investment Trust from $14.50 to $15.00 and gave the company an “outperform” rating in a research note on Thursday, February 18th. Finally, Desjardins increased their target price on Dream Industrial Real Estate Investment Trust from $14.00 to $14.50 and gave the company a “buy” rating in a research note on Monday, February 22nd.

OTCMKTS DREUF remained flat at $$11.10 on Tuesday. The company’s stock had a trading volume of 7 shares, compared to its average volume of 1,766. Dream Industrial Real Estate Investment Trust has a 52-week low of $6.25 and a 52-week high of $11.29. The firm’s 50-day moving average is $10.85 and its 200-day moving average is $10.12.

About Dream Industrial Real Estate Investment Trust

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 firm owns and manages a portfolio of light industrial properties located in primary and secondary markets across Canada.

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Analyst Recommendations for Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF)

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