Dream Industrial Real Estate Invest Trst (TSE:DIR) was upgraded by research analysts at National Bank Financial from a “sector perform under weight” rating to an “outperfrom under weight” rating in a research report issued to clients and investors on Tuesday.
Separately, Desjardins upgraded Dream Industrial Real Estate Invest Trst from a “hold” rating to a “buy” rating in a report on Wednesday, November 22nd.
Dream Industrial Real Estate Invest Trst (DIR) opened at C$9.12 on Tuesday. The stock has a market capitalization of $682.63, a P/E ratio of 228.00 and a beta of 0.46. Dream Industrial Real Estate Invest Trst has a twelve month low of C$8.03 and a twelve month high of C$9.49.
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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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