Dorel Industries Inc (TSE:DII.B – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.62 and traded as high as C$5.88. Dorel Industries shares last traded at C$5.74, with a volume of 4,770 shares.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the stock. BMO Capital Markets boosted their price objective on shares of Dorel Industries from C$6.00 to C$7.00 in a report on Monday, August 14th. TD Securities raised their price objective on Dorel Industries from C$10.00 to C$12.00 and gave the stock a “buy” rating in a research note on Monday, August 14th.
Check Out Our Latest Report on DII.B
Dorel Industries Trading Down 1.7 %
About Dorel Industries
Dorel Industries Inc designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings, including metal folding furniture, children's furniture, step stool, hand truck, ladder, outdoor furniture, and other imported furniture and futon products.
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