TD Securities Cuts Dorel Industries (TSE:DII.B) Price Target to C$1.25

Dorel Industries (TSE:DII.B) had its target price decreased by TD Securities from C$2.00 to C$1.25 in a research note released on Tuesday,BayStreet.CA reports. TD Securities currently has a sell rating on the stock.

Separately, BMO Capital Markets cut their target price on shares of Dorel Industries from C$4.50 to C$2.25 in a report on Tuesday.

Dorel Industries Price Performance

Shares of TSE DII.B opened at C$1.64 on Tuesday. The stock has a market cap of C$46.61 million, a P/E ratio of -0.42, a P/E/G ratio of -0.11 and a beta of 3.06. Dorel Industries has a twelve month low of C$1.25 and a twelve month high of C$7.69. The stock has a 50 day moving average of C$1.91 and a two-hundred day moving average of C$3.58. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70.

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.