Dorel Industries (TSE:DII.B) Price Target Cut to C$10.00

Dorel Industries (TSE:DII.BGet Rating) had its target price lowered by equities research analysts at TD Securities from C$11.50 to C$10.00 in a report issued on Wednesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 132.56% from the company’s previous close.

Separately, BMO Capital Markets lowered their price target on Dorel Industries from C$7.00 to C$6.00 in a report on Wednesday.

Dorel Industries Stock Performance

DII.B opened at C$4.30 on Wednesday. The company has a debt-to-equity ratio of 153.51, a quick ratio of 0.64 and a current ratio of 1.82. The company has a market cap of C$122.08 million, a PE ratio of -0.98, a price-to-earnings-growth ratio of -0.11 and a beta of 2.93. The stock has a 50-day moving average of C$5.26 and a 200-day moving average of C$5.35. Dorel Industries has a 52-week low of C$4.15 and a 52-week high of C$10.27.

Dorel Industries Company Profile

(Get Rating)

Dorel Industries Inc designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings, including metal folding furniture, children's furniture, step stool, hand truck, ladder, outdoor furniture, and other imported furniture and futon products.

See Also

Receive News & Ratings for Dorel Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorel Industries and related companies with's FREE daily email newsletter.