Dollarama (TSE:DOL) Price Target Raised to C$210.00 at National Bank Financial

Key Points

• National Bank Financial raised Dollarama’s price target to C$210 from C$209 and maintained an “outperform” rating, implying 22.28% potential upside.
• Analyst sentiment remains broadly positive: 10 analysts rate the stock a Buy and one rates it Hold, producing a consensus “Moderate Buy” rating and a C$215.75 target price.
• Dollarama reported quarterly EPS of C$1.29 and revenue of C$2.03 billion, supported by continued demand for value-priced goods; management also raised its fiscal 2027 sales-growth outlook.

Dollarama (TSE:DOL - Get Free Report) had its price objective raised by equities research analysts at National Bank Financial from C$209.00 to C$210.00 in a research report issued to clients and investors on Thursday, BayStreet reports. The brokerage presently has an "outperform" rating on the stock. National Bank Financial's price objective would indicate a potential upside of 22.28% from the stock's current price.

DOL has been the subject of several other reports. Canadian Imperial Bank of Commerce upped their target price on Dollarama from C$202.00 to C$228.00 in a report on Friday, June 12th. UBS Group dropped their target price on Dollarama from C$202.00 to C$190.00 in a research note on Monday. Ventum Financial set a C$225.00 target price on Dollarama and gave the company a "buy" rating in a research report on Tuesday, September 8th. Scotiabank raised their price target on shares of Dollarama from C$200.00 to C$220.00 in a research report on Friday, June 12th. Finally, BMO Capital Markets upped their target price on Dollarama from C$210.00 to C$221.00 in a research note on Friday, June 12th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Dollarama has a consensus rating of "Moderate Buy" and a consensus target price of C$215.75.

Dollarama Price Performance

DOL traded down C$2.83 during trading hours on Thursday, hitting C$171.73. The company's stock had a trading volume of 374,421 shares, compared to its average volume of 705,607. Dollarama has a 12 month low of C$163.25 and a 12 month high of C$209.96. The stock has a market cap of C$46.50 billion, a price-to-earnings ratio of 35.34, a P/E/G ratio of 1.93 and a beta of 0.26. The business's 50-day moving average price is C$183.81 and its 200-day moving average price is C$181.89. The company has a current ratio of 1.57, a quick ratio of 0.08 and a debt-to-equity ratio of 451.20.

Dollarama (TSE:DOL - Get Free Report) last announced its earnings results on Wednesday, September 16th. The company reported C$1.29 earnings per share (EPS) for the quarter. The firm had revenue of C$2.03 billion for the quarter. Dollarama had a net margin of 17.65% and a return on equity of 95.90%. Sell-side analysts expect that Dollarama will post 5.3295203 earnings per share for the current fiscal year.

Trending Headlines about Dollarama

Here are the key news stories impacting Dollarama this week:

• Positive Sentiment: Strong Q2 results: Dollarama reported revenue of C$2.03 billion, up 17.6% year over year, while EPS rose 11% to C$1.29. The performance reflects continued demand from Canadian consumers seeking lower-priced goods. Dollarama: Q2 EPS up 11%
• Positive Sentiment: Raised fiscal 2027 outlook: Management increased its Canadian sales-growth expectations after the better-than-anticipated quarter, supported by traffic, consumables demand and consumers trading down amid inflation and economic uncertainty. Dollarama raises fiscal 2027 guidance after Q2 sales growth
• Positive Sentiment: Defensive retail positioning: Executives said shoppers are making more careful spending decisions, which may continue to benefit Dollarama’s value-focused stores if household budgets remain constrained. Dollarama expects higher sales as inflation-hit shoppers look for discounts

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.

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