Dorel Industries (TSE:DII.B – Get Rating) had its price target lowered by TD Securities from C$11.50 to C$10.00 in a report issued on Wednesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.
Separately, BMO Capital Markets reduced their target price on Dorel Industries from C$7.00 to C$6.00 in a report on Wednesday.
Dorel Industries Price Performance
Shares of Dorel Industries stock opened at C$4.17 on Wednesday. The business has a 50 day simple moving average of C$5.21 and a two-hundred day simple moving average of C$5.33. Dorel Industries has a 12 month low of C$4.15 and a 12 month high of C$10.27. The stock has a market capitalization of C$118.39 million, a P/E ratio of -0.97, a PEG ratio of -0.11 and a beta of 2.93. The company has a debt-to-equity ratio of 153.51, a current ratio of 1.82 and a quick ratio of 0.64.
Dorel Industries Company Profile
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.
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