TD Securities Cuts Dorel Industries Inc (DII.B) Price Target to C$35.00

Dorel Industries Inc (TSE:DII.B) had its price target cut by equities research analysts at TD Securities from C$37.00 to C$35.00 in a research report issued to clients and investors on Friday. The firm presently has a “hold” rating on the stock.

Several other analysts have also recently commented on the stock. Royal Bank Of Canada decreased their price target on shares of Dorel Industries from C$35.00 to C$33.00 and set a “sector perform” rating for the company in a report on Thursday, August 17th. National Bank Financial decreased their price target on shares of Dorel Industries from C$35.00 to C$32.00 and set a “sector perform” rating for the company in a report on Thursday, August 17th. Five research analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus target price of C$34.40.

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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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