National Bank Financial reiterated their sector perform rating on shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) in a research report sent to investors on Thursday. National Bank Financial currently has a C$9.25 price target on the stock.

Several other equities research analysts also recently commented on DIR.UN. Canaccord Genuity downgraded shares of Dream Industrial Real Estate Invest Trst from a buy rating to a hold rating in a research note on Monday, October 30th. Scotiabank lifted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$8.75 to C$9.25 and gave the stock a sector perform rating in a research note on Tuesday, August 15th. TD Securities lifted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$8.50 to C$9.00 and gave the stock a hold rating in a research note on Thursday, August 10th. CIBC lifted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$9.00 to C$9.50 in a research note on Thursday, August 10th. Finally, Eight Capital lifted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$8.00 to C$9.00 and gave the stock a neutral rating in a research note on Wednesday, July 26th. Five equities research analysts have rated the stock with a hold rating, The company presently has an average rating of Hold and an average target price of C$9.33.

Shares of Dream Industrial Real Estate Invest Trst (TSE DIR.UN) opened at C$8.88 on Thursday. Dream Industrial Real Estate Invest Trst has a one year low of C$7.58 and a one year high of C$9.25.

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 15th. Investors of record on Wednesday, November 15th were given a dividend of $0.0583 per share. The ex-dividend date was Monday, October 30th. This represents a $0.70 dividend on an annualized basis and a yield of 7.88%.

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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.

Analyst Recommendations for Dream Industrial Real Estate Invest Trst (TSE:DIR.UN)

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