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Dorel Industries (TSE:DII.B) has been given a consensus recommendation of “Hold” by the nine ratings firms that are covering the company, Stock Ratings Network.com reports. Six analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$44.00.

A number of research firms have recently commented on DII.B. Analysts at National Bank Financial cut their price target on shares of Dorel Industries from C$42.00 to C$40.00 in a research note on Thursday, August 7th. They now have a “sector perform” rating on the stock. Separately, analysts at CIBC cut their price target on shares of Dorel Industries from C$43.00 to C$41.00 in a research note on Thursday, August 7th. They now have a “sector perform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Dorel Industries from C$42.00 to C$43.00 in a research note on Thursday, August 7th. They now have a “hold” rating on the stock.

The company also recently announced a Quarterly dividend, which is scheduled for Wednesday, September 3rd. Stockholders of record on Wednesday, September 3rd will be paid a dividend of $0.30 per share. This represents a dividend yield of 3.14%. The ex-dividend date is Monday, August 18th.

Dorel Industries Inc (TSE:DII) is a Canada-based juvenile products and bicycle company.

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