Dorel Industries Inc (TSE:DII.B) Given Average Recommendation of “Hold” by Brokerages
Dorel Industries Inc (TSE:DII.B) has been given a consensus recommendation of “Hold” by the seven research firms that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$36.57.
A number of equities analysts have commented on the company. BMO Capital Markets increased their target price on 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 increased their target price on Dorel Industries from C$34.00 to C$35.00 and gave the company a “sector perform” rating in a report on Monday, May 15th. Finally, TD Securities increased their target price on Dorel Industries from C$35.00 to C$37.00 and gave the company a “hold” rating in a report on Monday, May 15th.
Dorel Industries Company Profile
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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