They are taking over (with a partner) Summit Industrial REIT currently. He values shares at $18, though it's now trading at $12. That takeover partner is a large, foreign and sophisticated entity that saw opportunity and value in both Dream and Summit, so he's quite bullish on Dream. (Analysts’ price target is $15.18)
Dream Industrial REIT is a Canadian stock, trading under the symbol DIR.UN-T on the Toronto Stock Exchange (DIR.UN-CT). It is usually referred to as TSX:DIR.UN or DIR.UN-T
In the last year, 10 stock analysts published opinions about DIR.UN-T. 8 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Dream Industrial REIT.
Dream Industrial REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Dream Industrial REIT.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
10 stock analysts on Stockchase covered Dream Industrial REIT In the last year. It is a trending stock that is worth watching.
On 2023-03-17, Dream Industrial REIT (DIR.UN-T) stock closed at a price of $14.14.
It is the cheapest industrial warehouse stock so he would still buy. Its ownership of places in Europe caused the stock to drop but that situation is improving. The value of its real estate markets has increased and there is an opportunity for increased rent growth of 40 to 70% in Toronto and Montreal. Trades at a wide discount to NAV