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

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

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

Dorel Industries Stock Performance

TSE:DII.B opened at C$3.98 on Friday. The company has a market cap of C$113.11 million, a price-to-earnings ratio of -1.02, a PEG ratio of -0.11 and a beta of 3.06. Dorel Industries has a 1 year low of C$3.90 and a 1 year high of C$7.69. The stock’s 50 day simple moving average is C$5.64 and its two-hundred day simple moving average is C$6.30. The company has a debt-to-equity ratio of 287.70, a current ratio of 1.45 and a quick ratio of 0.64.

About Dorel Industries

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.