Dollarama (TSE:DOL - Get Free Report) had its target price lifted by research analysts at Scotiabank from C$175.00 to C$210.00 in a report issued on Thursday,BayStreet.CA reports. Scotiabank's target price indicates a potential upside of 8.39% from the company's current price.
A number of other brokerages also recently commented on DOL. National Bank Financial upgraded Dollarama from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 27th. BMO Capital Markets boosted their target price on Dollarama from C$170.00 to C$215.00 in a research note on Thursday. Canaccord Genuity Group upped their price target on Dollarama from C$168.00 to C$178.00 in a research note on Thursday, June 5th. National Bankshares upgraded Dollarama from a "sector perform" rating to an "outperform" rating and upped their price target for the stock from C$156.00 to C$166.00 in a research note on Friday, March 28th. Finally, CIBC upped their price target on Dollarama from C$174.00 to C$204.00 in a research note on Thursday. Four analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of C$186.36.
Check Out Our Latest Analysis on DOL
Dollarama Stock Down 0.1%
TSE DOL traded down C$0.20 on Thursday, reaching C$193.74. The stock had a trading volume of 730,803 shares, compared to its average volume of 721,881. The business has a 50 day moving average price of C$171.10 and a 200 day moving average price of C$153.37. The company has a current ratio of 1.43, a quick ratio of 0.08 and a debt-to-equity ratio of 369.36. Dollarama has a 1 year low of C$119.88 and a 1 year high of C$196.46. The company has a market capitalization of C$53.54 billion, a price-to-earnings ratio of 49.34, a P/E/G ratio of 1.93 and a beta of 0.56.
Insider Buying and Selling
In other Dollarama news, Director Nicolas Hien sold 4,131 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of C$192.31, for a total value of C$794,433.02. Also, Senior Officer Mark Di Pesa sold 1,350 shares of the company's stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of C$173.51, for a total value of C$234,234.45. In the last 90 days, insiders sold 33,481 shares of company stock valued at $5,508,667. Insiders own 2.23% of the company's stock.
Dollarama Company Profile
(
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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.
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