A Wall Street analyst has provided a rating update for the Consumer Goods sector company today, while remaining neutral on the stock. Dorel Ind Inc A MV (DII.A) received a Hold rating from RBC Capital’s analyst Sabahat Khan, with a C$16 price target.
According to TipRanks.com, Khan is ranked #2114 out of 5259 analysts.
Currently, the analyst consensus on Dorel Ind Inc A MV is a Hold with an average price target of C$16, which is a 28.8% upside from current levels. In a report released today, BMO Capital also reiterated a Hold rating on the stock with a C$16 price target.
Dorel Ind Inc A MV’s market cap is currently C$512.5M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.38.
Dorel Industries, Inc. is a global consumer, juvenile products, and Bicycle Company, which engages in the design, manufacture or sources, market, and distribution of diverse portfolio of products brands. It operates through the following business segments: Dorel Juvenile, Dorel Sports, and Dorel Home Furnishings.
The company’s shares closed on Friday at C$12.42.