Dorel Industries (TSE:DII.B) Price Target Raised to C$2.00

Dorel Industries (TSE:DII.B) had its price objective raised by BMO Capital Markets from C$1.50 to C$2.00 in a research note published on Friday morning,BayStreet.CA reports.

Separately, TD Securities lowered their price objective on shares of Dorel Industries from C$1.25 to C$1.00 and set a “sell” rating for the company in a research note on Tuesday, August 12th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Dorel Industries currently has an average rating of “Reduce” and a consensus target price of C$1.50.

Dorel Industries Price Performance

Dorel Industries stock opened at C$1.60 on Friday. Dorel Industries has a 1 year low of C$1.15 and a 1 year high of C$5.80. The company has a debt-to-equity ratio of 287.70, a quick ratio of 0.64 and a current ratio of 1.45. The firm has a 50 day moving average price of C$1.39 and a 200 day moving average price of C$1.52. The company has a market cap of C$52.27 million, a price-to-earnings ratio of -0.32, a PEG ratio of -0.11 and a beta of 1.23.

Dorel Industries Company Profile

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children’s furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.