Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Stock Price Target Cut by Scotia

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price target dropped by analysts at Scotia from C$16.50 to C$16.00 in a research report issued to clients and investors on Thursday, BayStreet reports. The brokerage currently has a “sector outperform” rating on the stock. Scotia‘s target price would suggest a potential upside of 23.84% from the company’s previous close.

DIR.UN has been the topic of a number of other research reports. National Bank Financial boosted their price objective on shares of Dream Industrial Real Estate Invest Trst from C$14.75 to C$15.00 and gave the company an “outperform” rating in a research report on Thursday. Desjardins raised their target price on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Canaccord Genuity Group raised their target price on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.50 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, TD lifted their price target on shares of Dream Industrial Real Estate Invest Trst from C$15.50 to C$16.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Eight research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$15.33.

Dream Industrial Real Estate Invest Trst Trading Down 1.1%

Shares of TSE DIR.UN traded down C$0.14 during trading hours on Thursday, hitting C$12.92. 630,866 shares of the company traded hands, compared to its average volume of 611,170. The stock has a market capitalization of C$3.72 billion, a price-to-earnings ratio of 22.35 and a beta of 1.06. The company has a current ratio of 0.40, a quick ratio of 0.24 and a debt-to-equity ratio of 63.72. The company’s 50 day moving average price is C$12.93 and its 200 day moving average price is C$13.46. Dream Industrial Real Estate Invest Trst has a 12 month low of C$11.81 and a 12 month high of C$14.85.

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) last released its quarterly earnings results on Wednesday, November 4th. The company reported C$0.23 earnings per share for the quarter. The company had revenue of C$131.30 million for the quarter. Dream Industrial Real Estate Invest Trst had a return on equity of 3.88% and a net margin of 37.00%. On average, equities research analysts anticipate that Dream Industrial Real Estate Invest Trst will post 0.89 earnings per share for the current fiscal year.

Dream Industrial Real Estate Invest Trst Company Profile

Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties. As at June 30, 2026, Dream Industrial REIT has an interest in and manages a portfolio which comprises 348 industrial assets (565 buildings) totalling approximately 75.7 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet.