Dorel Industries (OTCMKTS:DIIBF) Given New C$6.00 Price Target at BMO Capital Markets

Dorel Industries (OTCMKTS:DIIBF – Get Rating) had its price target dropped by investment analysts at BMO Capital Markets from C$7.00 to C$6.00 in a report released on Wednesday, The Fly reports.

Separately, TD Securities decreased their price target on Dorel Industries from C$11.50 to C$10.00 in a research note on Wednesday.

Dorel Industries Stock Up 6.6 %

DIIBF stock opened at $3.25 on Wednesday. Dorel Industries has a one year low of $3.00 and a one year high of $8.02. The firm has a market cap of $105.76 million, a PE ratio of 0.81 and a beta of 2.58. The firm’s 50 day moving average price is $3.90 and its 200-day moving average price is $3.98. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.72 and a current ratio of 1.90.

Dorel Industries Company Profile

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Dorel Industries, Inc engages in the design, manufacture, and distribution of home products. It operates through the Dorel Home and Dorel Juvenile segments. The Dorel Home segment focuses on the design, sourcing, and sale of ready-to-assemble furniture and home furnishings, which includes metal folding furniture, futons, step stools, ladders, and other imported furniture items.