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

Dorel Industries (TSE:DII.B - Get Free Report) had its target price dropped by equities researchers at BMO Capital Markets from C$7.00 to C$5.00 in a research report issued on Friday,BayStreet.CA reports. BMO Capital Markets' price objective indicates a potential upside of 20.48% from the company's current price.

Separately, TD Securities lowered shares of Dorel Industries from a "buy" rating to a "hold" rating and decreased their price objective for the stock 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 during trading hours on Friday, hitting C$4.15. 53,500 shares of the company's stock were exchanged, compared to its average volume of 12,939. Dorel Industries has a 52 week low of C$4.02 and a 52 week high of C$7.69. The stock has a market cap of C$117.94 million, a price-to-earnings ratio of -1.06, a price-to-earnings-growth ratio of -0.11 and a beta of 3.06. 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's 50-day moving average is C$5.68 and its 200-day moving average is 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.