Equities researchers at Raymond James upped their target price on shares of Dollarama (TSE:DOL) from C$80.00 to C$85.00 in a research report issued on Friday, Analyst Ratings News reports. The firm currently has a “market perform” rating on the stock.
Shares of Dollarama (TSE:DOL) traded up 0.05% during mid-day trading on Friday, hitting $85.04. The stock had a trading volume of 255,442 shares. Dollarama has a 52-week low of $55.99 and a 52-week high of $90.74. The stock’s 50-day moving average is $88.24 and its 200-day moving average is $79.49. The company has a market cap of $6.034 billion and a P/E ratio of 26.56.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, February 5th. Stockholders of record on Friday, January 10th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.66%.
Other equities research analysts have also recently issued reports about the stock. Analysts at TD Securities cut their price target on shares of Dollarama from C$100.00 to C$98.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at National Bank Financial raised their price target on shares of Dollarama from C$89.00 to C$97.00 in a research note to investors on Friday, November 29th. They now have an “outperform” rating on the stock. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Dollarama presently has a consensus rating of “Buy” and an average price target of C$90.73.
Dollarama Inc (TSE:DOL) is a dollar store operator in Canada.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.