Royal Bank Of Canada Lowers Dorel Industries Inc (DII.B) Price Target to C$33.00
Dorel Industries Inc (TSE:DII.B) had its price target dropped by equities research analysts at Royal Bank Of Canada from C$35.00 to C$33.00 in a note issued to investors on Tuesday. The brokerage currently has a “sector perform” rating on the stock.
Other equities research analysts have also issued reports about the company. TD Securities upped their price target on Dorel Industries from C$35.00 to C$37.00 and gave the company a “hold” rating in a research report on Monday, May 8th. National Bank Financial set a C$32.00 price target on Dorel Industries and gave the company a “sector perform” rating in a research report on Tuesday. Finally, BMO Capital Markets upped their price target on Dorel Industries from C$34.00 to C$36.00 and gave the company a “market perform” rating in a research report on Tuesday, May 9th. Five analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and an average price target of C$34.80.
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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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