Dorel Industries (TSE:DII.B) Given New C$1.00 Price Target at TD Securities

Dorel Industries (TSE:DII.B) had its target price cut by TD Securities from C$1.25 to C$1.00 in a research note published on Tuesday,BayStreet.CA reports. They currently have a sell rating on the stock.

Separately, BMO Capital Markets decreased their target price on shares of Dorel Industries from C$4.50 to C$2.25 in a research report on Thursday, May 22nd.

Dorel Industries Stock Down 2.4%

DII.B stock opened at C$1.21 on Tuesday. The company has a market cap of C$34.39 million, a P/E ratio of -0.31, a P/E/G ratio of -0.11 and a beta of 3.06. Dorel Industries has a 52 week low of C$1.18 and a 52 week high of C$7.00. The company’s 50-day moving average price is C$1.45 and its 200 day moving average price is C$2.26. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70.

About Dorel Industries

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.