TD Securities Cuts Dorel Industries (TSE:DII.B) Price Target to C$1.25

Dorel Industries (TSE:DII.B) had its target price trimmed by TD Securities from C$2.00 to C$1.25 in a research report released on Thursday morning,BayStreet.CA reports. The brokerage currently has a sell rating on the stock.

Separately, BMO Capital Markets reduced their target price on Dorel Industries from C$4.50 to C$2.25 in a report on Tuesday, May 13th.

Dorel Industries Stock Performance

Shares of TSE DII.B opened at C$1.43 on Thursday. The company has a debt-to-equity ratio of 287.70, a current ratio of 1.45 and a quick ratio of 0.64. The stock’s fifty day moving average price is C$1.74 and its two-hundred day moving average price is C$3.40. Dorel Industries has a one year low of C$1.25 and a one year high of C$7.69. The firm has a market cap of C$40.64 million, a price-to-earnings ratio of -0.36, a P/E/G ratio of -0.11 and a beta of 3.06.

About Dorel Industries

Dorel Industries Inc engages in the design, manufacture, sourcing, marketing, and distribution of home and juvenile products worldwide. The company operates through Dorel Home and Dorel Juvenile segments. The Dorel Home segment offers ready-to assemble furniture and home furnishings products, including metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.