Dorel Industries (TSE:DII.B) PT Lowered to C$6.00

Dorel Industries (TSE:DII.B – Get Rating) had its price objective decreased by stock analysts at BMO Capital Markets from C$7.00 to C$6.00 in a report issued on Wednesday, BayStreet.CA reports. BMO Capital Markets’ price objective would indicate a potential upside of 39.53% from the company’s previous close.

Dorel Industries Price Performance

TSE DII.B opened at C$4.30 on Wednesday. The company has a current ratio of 1.82, a quick ratio of 0.64 and a debt-to-equity ratio of 153.51. 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 cap of C$122.08 million, a price-to-earnings ratio of -0.98, a PEG ratio of -0.11 and a beta of 2.93. The company’s 50 day moving average is C$5.26 and its two-hundred day moving average is C$5.35.

About Dorel Industries

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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.