Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Stock Rated “Buy” by Sell-Side Brokerages

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) has received an average recommendation of “Buy” from the six ratings firms that are covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation.

Several equities research analysts have recently commented on DREUF shares. Royal Bank Of Canada restated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research note on Monday, August 10th. BMO Capital Markets reiterated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research report on Monday, August 10th. Scotiabank reiterated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research report on Tuesday, July 7th. TD Securities reiterated a “buy” rating on shares of Dream Industrial Real Estate Investment Trust in a research note on Thursday, August 6th. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Dream Industrial Real Estate Investment Trust in a research report on Friday, October 2nd.

Dream Industrial Real Estate Investment Trust Stock Down 2.0%

Shares of DREUF stock opened at $9.16 on Tuesday. The stock’s fifty day simple moving average is $9.36 and its 200 day simple moving average is $9.71. Dream Industrial Real Estate Investment Trust has a one year low of $8.28 and a one year high of $10.76.

About Dream Industrial Real Estate Investment Trust

Dream Industrial Real Estate Investment Trust is a Canadian, publicly traded real estate investment trust focused on owning, operating and expanding a portfolio of industrial properties. The trust’s portfolio is designed to serve businesses involved in logistics, distribution, manufacturing, warehousing and other industrial activities.

Its properties generally include urban logistics facilities, distribution centers, light-industrial buildings and other functional industrial assets. Dream Industrial provides space to a diverse group of commercial tenants and seeks to generate rental income through leasing, property management and the ongoing optimization of its real estate portfolio.

Established in 2012, the trust has expanded beyond its original Canadian portfolio and serves industrial real estate markets in Canada, the United States and Europe.