Dollarama Inc. (TSE:DOL) Receives C$217.08 Average Price Target from Analysts

Shares of Dollarama Inc. (TSE:DOL) have been given a consensus recommendation of “Moderate Buy” by the eleven brokerages that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$217.08.

A number of equities research analysts recently issued reports on DOL shares. Stifel Nicolaus boosted their price objective on Dollarama from C$190.00 to C$200.00 and gave the company a “hold” rating in a research note on Friday, December 12th. Sanford C. Bernstein increased their target price on shares of Dollarama from C$223.00 to C$232.00 in a research report on Friday, December 12th. Desjardins set a C$218.00 target price on shares of Dollarama and gave the stock a “buy” rating in a research note on Monday, March 16th. Canaccord Genuity Group boosted their price target on shares of Dollarama from C$198.00 to C$207.00 in a research report on Friday, December 12th. Finally, National Bank Financial dropped their price target on shares of Dollarama from C$226.00 to C$225.00 and set an “outperform” rating on the stock in a research note on Friday, March 6th.

Dollarama Stock Performance

Shares of DOL opened at C$180.64 on Tuesday. The company has a debt-to-equity ratio of 415.13, a current ratio of 1.09 and a quick ratio of 0.08. The firm has a market cap of C$49.42 billion, a PE ratio of 38.43, a PEG ratio of 1.93 and a beta of 0.15. Dollarama has a 1 year low of C$147.00 and a 1 year high of C$209.96. The stock’s fifty day moving average price is C$193.52 and its two-hundred day moving average price is C$192.23.

Dollarama Company Profile

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.