Royal Bank Of Canada Upgrades Dollarama (OTCMKTS:DLMAF) to "Moderate Buy"

Key Points

• Royal Bank of Canada upgraded Dollarama (OTCMKTS:DLMAF) to a "moderate buy" and the stock benefits from broad analyst support — eight analysts currently rate it as Buy, with firms like Scotiabank, National Bank Financial, CIBC and TD Securities all holding positive views.
• Shares opened at $144.51 and trade in a one‑year range of $103.36–$160.86 with a market cap of $39.44 billion; the stock shows a high P/E of 172.04 and an elevated debt-to-equity ratio of 3.55, indicating rich valuation and significant leverage.

Dollarama (OTCMKTS:DLMAF - Get Free Report) was upgraded by Royal Bank Of Canada to a "moderate buy" rating in a research note issued on Monday,Zacks.com reports.

A number of other research firms have also commented on DLMAF. Scotiabank reaffirmed an "outperform" rating on shares of Dollarama in a research note on Friday, December 12th. National Bank Financial reissued an "outperform" rating on shares of Dollarama in a research note on Thursday, December 4th. Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of Dollarama in a report on Friday, December 12th. Finally, TD Securities reissued a "buy" rating on shares of Dollarama in a research report on Friday, December 12th. Eight research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Dollarama presently has an average rating of "Buy".

Dollarama Stock Performance

Shares of DLMAF opened at $144.51 on Monday. Dollarama has a one year low of $103.36 and a one year high of $160.86. The company has a 50-day moving average of $142.11 and a two-hundred day moving average of $139.08. The stock has a market cap of $39.44 billion and a price-to-earnings ratio of 172.04. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.09 and a quick ratio of 0.23.

About Dollarama

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.

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