Dollarama (TSE:DOL - Free Report) had its price objective lifted by BMO Capital Markets from C$105.00 to C$124.00 in a research report report published on Friday morning, BayStreet.CA reports.
A number of other analysts also recently issued reports on DOL. Stifel Canada downgraded shares of Dollarama from a buy rating to a hold rating in a research report on Wednesday, December 13th. Wells Fargo & Company dropped their price objective on shares of Dollarama from C$110.00 to C$105.00 in a research report on Thursday, January 4th. Royal Bank of Canada lifted their target price on shares of Dollarama from C$118.00 to C$125.00 in a report on Friday. Scotiabank increased their price target on Dollarama from C$107.00 to C$113.00 in a report on Friday. Finally, National Bankshares boosted their price objective on Dollarama from C$112.00 to C$120.00 in a research note on Friday. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of Hold and a consensus price target of C$109.36.
Get Our Latest Report on Dollarama
Dollarama Trading Up 3.7 %
TSE:DOL traded up C$4.13 on Friday, hitting C$114.50. 878,851 shares of the stock were exchanged, compared to its average volume of 485,654. The stock has a fifty day moving average of C$103.27 and a 200-day moving average of C$98.75. The stock has a market cap of C$32.20 billion, a PE ratio of 34.49, a PEG ratio of 1.93 and a beta of 0.57. The company has a current ratio of 1.51, a quick ratio of 0.08 and a debt-to-equity ratio of 1,477.71. Dollarama has a fifty-two week low of C$80.81 and a fifty-two week high of C$114.81.
Dollarama Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Friday, April 19th will be issued a dividend of $0.092 per share. The ex-dividend date is Thursday, April 18th. This is an increase from Dollarama's previous quarterly dividend of $0.07. This represents a $0.37 annualized dividend and a yield of 0.32%. Dollarama's payout ratio is currently 8.43%.
About Dollarama
(
Get Free Report)
Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.
Further Reading
Before you consider Dollarama, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dollarama wasn't on the list.
While Dollarama currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
