Jefferies Financial Group Increases Dollarama (TSE:DOL) Price Target to C$223.00

Dollarama (TSE:DOL - Get Free Report) had its price target increased by analysts at Jefferies Financial Group from C$180.00 to C$223.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. Jefferies Financial Group's target price points to a potential upside of 15.03% from the company's previous close.

A number of other analysts have also recently issued reports on DOL. Scotiabank boosted their target price on Dollarama from C$175.00 to C$210.00 in a research note on Thursday. UBS Group lifted their price target on Dollarama from C$165.00 to C$196.00 in a report on Thursday. Stifel Nicolaus increased their price objective on Dollarama from C$162.50 to C$190.00 in a report on Thursday. Desjardins raised their price objective on shares of Dollarama from C$165.00 to C$185.00 and gave the company a "buy" rating in a research report on Tuesday. Finally, National Bank Financial upgraded shares of Dollarama from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 27th. Six analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of C$186.36.

Dollarama Stock Down 0.0%

Shares of DOL traded down C$0.08 during trading hours on Thursday, reaching C$193.86. The company's stock had a trading volume of 70,768 shares, compared to its average volume of 715,682. The company has a 50 day moving average of C$170.22 and a two-hundred day moving average of C$152.90. The company has a quick ratio of 0.08, a current ratio of 1.43 and a debt-to-equity ratio of 369.36. The firm has a market cap of C$53.57 billion, a price-to-earnings ratio of 49.37, a P/E/G ratio of 1.93 and a beta of 0.56. Dollarama has a 1-year low of C$119.88 and a 1-year high of C$196.46.

Insider Activity at Dollarama

In other Dollarama news, Senior Officer Mark Di Pesa sold 1,350 shares of the company's stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of C$173.51, for a total value of C$234,234.45. Also, Senior Officer Geoffrey Peter Robillard sold 28,000 shares of the company's stock in a transaction dated Friday, April 11th. The stock was sold at an average price of C$160.00, for a total transaction of C$4,480,000.00. Corporate insiders own 2.23% of the company's stock.

About Dollarama

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.