Dollarama (DOL) News Today

Dollarama Inc. (TSE:DOL) shares have been moving higher as a string of broker reports lifted earnings forecasts and price targets, reflecting confidence in the company’s growth outlook. Investors are responding to upgraded EPS estimates, bullish ratings, and raised target prices, tempered slightly by a modest cut from one analyst.

• Stifel Canada raised its FY2027 EPS forecast to C$5.24 (from C$5.08), signaling stronger long-term profit expectations.
• Desjardins boosted its FY2026 EPS estimate to C$4.56 (up from C$4.50) and reiterated a “Buy” rating with a C$185 price objective.
• National Bank Financial lifted its Q2 2026 EPS forecast to C$1.14 (from C$1.11) and maintained a “Strong-Buy” stance.
• A host of major banks raised price targets—Jefferies to C$223, BMO to C$215, TD Securities and Scotiabank to C$210, CIBC to C$204, UBS to C$196 and RBC to C$207—underscoring broad analyst optimism.
• First-quarter results exceeded estimates on both profit and sales growth, driven by increased foot traffic and Latin American expansion.
• Royal Bank of Canada highlighted potential for further stock appreciation but did not change its rating.
• Desjardins trimmed its Q2 2026 EPS forecast by C$0.01 to C$1.13, reflecting slightly more cautious near-term visibility.
• Stifel Nicolaus’s price target of C$190 remains below current levels, suggesting limited upside per that firm’s view.