Dorel Industries Inc (DII.B) Given Consensus Recommendation of “Hold” by Analysts
Dorel Industries Inc (TSE:DII.B) has earned an average recommendation of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold rating. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$36.57.
A number of analysts have issued reports on DII.B shares. BMO Capital Markets lifted their price target on shares of Dorel Industries from C$34.00 to C$36.00 and gave the company a “market perform” rating in a report on Tuesday, May 9th. Royal Bank Of Canada boosted their target price on shares of Dorel Industries from C$34.00 to C$35.00 and gave the stock a “sector perform” rating in a report on Monday, May 15th. TD Securities boosted their target price on shares of Dorel Industries from C$35.00 to C$37.00 and gave the stock a “hold” rating in a report on Monday, May 15th. Finally, National Bank Financial reduced their target price on shares of Dorel Industries from C$36.00 to C$33.00 in a report on Friday, March 10th.
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About Dorel Industries
Dorel Industries Inc is a Canada-based global consumer products company which designs, manufactures and distributes a portfolio of product brands. The Company markets its products in the United States, Europe, Latin America, Canada, and Asia. The Company operates through three segments: Dorel Juvenile, Dorel Sports and Dorel Home Furnishings.
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