Dollarama Inc. (OTCMKTS:DLMAF) Receives $65.71 Consensus PT from Analysts

Dollarama Inc. (OTCMKTS:DLMAF) has earned a consensus rating of “Buy” from the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $65.71.

DLMAF has been the subject of a number of recent research reports. Desjardins raised shares of Dollarama from a “hold” rating to a “buy” rating in a research note on Monday, December 20th. CIBC upped their price target on Dollarama from C$59.00 to C$60.00 and gave the stock a “neutral” rating in a research report on Thursday, December 9th. Scotiabank upped their price target on Dollarama from C$64.00 to C$66.00 and gave the stock an “outperform” rating in a research report on Thursday, December 9th. Royal Bank of Canada upped their price target on Dollarama from C$70.00 to C$77.00 and gave the stock an “outperform” rating in a research report on Thursday, December 9th. Finally, TD Securities upped their price target on Dollarama from C$68.00 to C$72.00 and gave the stock a “buy” rating in a research report on Thursday, December 9th.

Shares of OTCMKTS:DLMAF opened at $50.32 on Wednesday. Dollarama has a 52 week low of $37.48 and a 52 week high of $54.77. The firm has a 50 day moving average of $47.09 and a 200 day moving average of $46.09.

Dollarama Company Profile

Dollarama, Inc engages in the provision of online shopping services to various customers. It offers an assortment of general merchandise, consumable products, and seasonal items. The company was founded by Lawrence Rossy in 1992 and is headquartered in Montreal, Canada.

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Analyst Recommendations for Dollarama (OTCMKTS:DLMAF)

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