TD Securities Cuts Dorel Industries (TSE:DII.B) Price Target to C$1.00

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

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

Dorel Industries Stock Performance

Shares of DII.B opened at C$1.21 on Tuesday. The company’s fifty day moving average is C$1.45 and its 200-day moving average is C$2.26. Dorel Industries has a 12 month low of C$1.18 and a 12 month high of C$7.00. The firm has a market cap of C$34.39 million, a price-to-earnings ratio of -0.31, a price-to-earnings-growth ratio of -0.11 and a beta of 3.06. The company has a quick ratio of 0.64, a current ratio of 1.45 and a debt-to-equity ratio of 287.70.

Dorel Industries Company Profile

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.