Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF – Get Rating)'s share price rose 1% during trading on Monday . The company traded as high as $10.48 and last traded at $10.48. Approximately 360 shares changed hands during trading, a decline of 72% from the average daily volume of 1,265 shares. The stock had previously closed at $10.38.
Wall Street Analysts Forecast Growth
DREUF has been the topic of several research reports. BMO Capital Markets began coverage on shares of Dream Industrial Real Estate Investment Trust in a report on Tuesday, February 28th. They issued an "outperform" rating on the stock. National Bank Financial raised their target price on shares of Dream Industrial Real Estate Investment Trust from C$14.00 to C$15.50 in a report on Monday, January 30th. Desjardins upped their price target on shares of Dream Industrial Real Estate Investment Trust from C$15.50 to C$17.00 in a report on Friday, February 17th. CIBC increased their price target on Dream Industrial Real Estate Investment Trust from C$14.50 to C$17.00 in a research report on Thursday, February 16th. Finally, Scotiabank initiated coverage on Dream Industrial Real Estate Investment Trust in a report on Tuesday, February 21st. They issued an "outperform" rating and a C$17.50 price objective for the company.
Get Dream Industrial Real Estate Investment Trust alerts:Dream Industrial Real Estate Investment Trust Stock Up 1.0 %
The firm's 50 day moving average is $10.57 and its 200-day moving average is $9.26.
About Dream Industrial Real Estate Investment Trust
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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.
See Also
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