Dorel Industries Ord Shs Class A T.DII.A

Alternate Symbol(s): DIIBF | T.DII.B

Consumer Cyclical

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

TSX:DII.A - Post by User

Dorel Industries Ord Shs Class A > TD ups it's target from $15.50 to $46

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Post by lifeisgood1010on Oct 12, 2021 2:37pm

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Post# 33998239

TD ups it's target from $15.50 to $46

Cerberus was offering $372us 6 months ago and now,they are getting $810us
for the bike division only.

Truly amazing wealth creation for shareholders.We will probably get a huge dividenf in 2022

TD Securities Analyst Derek Lessard boosted his 12-month target price on Dorel's stock to $46 per share from $15.50 following the deal's announcement, while upgrading his recommendation to a "buy" from a "hold".

Lessard said in a report to clients Tuesday that Dorel's valuation could grow once supply chain pressures ease and the company is able to deliver more consistent earnings.

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