Dorel Industries (TSE:DII.B) PT Lowered to C$11.00

Dorel Industries (TSE:DII.B) had its target price decreased by BMO Capital Markets from C$14.00 to C$11.00 in a research report sent to investors on Tuesday, BayStreet.CA reports.

DII.B has been the subject of several other reports. Royal Bank of Canada reduced their target price on Dorel Industries from C$16.00 to C$14.00 and set a sector perform rating for the company in a research report on Monday, May 13th. TD Securities raised Dorel Industries from a hold rating to a buy rating and set a C$13.00 target price for the company in a research report on Tuesday.

Shares of DII.B stock opened at C$10.00 on Tuesday. The company has a market capitalization of $282.55 million and a PE ratio of -0.71. Dorel Industries has a one year low of C$9.22 and a one year high of C$27.16. The business has a fifty day moving average price of C$10.00. The company has a debt-to-equity ratio of 125.71, a quick ratio of 0.42 and a current ratio of 1.02.

About Dorel Industries

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.

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