Desjardins Reiterates Their Buy Rating on Dream Industrl REIT

By Jason Carr

Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Analyst Michael Markidis from Desjardins rated Dream Industrl REIT (TSX: DIR.UN) a Buy, setting a C$10 price target.

Markidis has an average return of 6.4% when recommending Dream Industrl REIT.

According to TipRanks.com, Markidis is ranked #921 out of 4743 analysts.

Dream Industrl REIT has an analyst consensus of Moderate Buy, with a price target consensus of C$9.55.

The company has a one-year high of C$9.40 and a one-year low of C$8.03. Currently, Dream Industrl REIT has an average volume of 142.3K.

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, pure-play industrial real estate investment trust. The company owns and manages a portfolio of light industrial properties located in primary and secondary markets across Canada.

The company’s shares closed on Friday at C$9.29, close to its 52-week high of C$9.40.