Dream Industrial Real Estate Trust Gets Higher Analyst Price Targets

Analysts have raised price targets for Dream Industrial Real Estate Investment Trust (TSE:DIR.UN). Desjardins lifted its target to C$16.00, while National Bank Financial increased its target to C$16.75, both maintaining a "buy" or "outperform" rating. Other firms, including TD, Canaccord Genuity Group and additional analysts, also nudged their targets upward, citing potential upside of roughly 15‑20% from the current share price.

The trust’s shares fell about 3.4% on the day, trading at C$13.92. It has a market capitalization of roughly C$4.0 billion, a P/E ratio of 22.1, a debt‑to‑equity ratio of 63.7, and a quick ratio of 0.24. Recent quarterly results showed earnings of C$0.11 per share on revenue of C$131.4 million, with a return on equity of 3.9% and a net margin of 37%. Analysts expect fiscal‑year earnings per share of about 0.89.