Dorel Industries (TSE:DII.B) Given New C$5.00 Price Target at BMO Capital Markets

Dorel Industries (TSE:DII.B) had its target price decreased by BMO Capital Markets from C$7.00 to C$5.00 in a research report report published on Friday morning,BayStreet.CA reports.

Separately, TD Securities lowered shares of Dorel Industries from a “buy” rating to a “hold” rating and dropped their price objective for the company from C$12.00 to C$4.50 in a report on Friday.

Dorel Industries Price Performance

Shares of DII.B stock traded down C$0.26 on Friday, hitting C$4.15. 53,500 shares of the company’s stock were exchanged, compared to its average volume of 12,939. The company has a debt-to-equity ratio of 287.70, a current ratio of 1.45 and a quick ratio of 0.64. The stock has a market cap of C$117.94 million, a P/E ratio of -1.06, a price-to-earnings-growth ratio of -0.11 and a beta of 3.06. Dorel Industries has a 12 month low of C$4.02 and a 12 month high of C$7.69. The company has a 50 day moving average of C$5.68 and a 200 day moving average of C$6.32.

Dorel Industries Company Profile

Dorel Industries Inc engages in the design, manufacture, sourcing, marketing, and distribution of home and juvenile products worldwide. The company operates through Dorel Home and Dorel Juvenile segments. The Dorel Home segment offers ready-to assemble furniture and home furnishings products, including metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.