Dollarama Inc. (TSE:DOL) Receives C$216.15 Average Price Target from Analysts

Dollarama Inc. (TSE:DOL) has received an average recommendation of “Moderate Buy” from the twelve analysts that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$216.15.

A number of research analysts have issued reports on DOL shares. CIBC boosted their target price on Dollarama from C$199.00 to C$212.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Sanford C. Bernstein lifted their price objective on Dollarama from C$223.00 to C$232.00 in a report on Friday, December 12th. BMO Capital Markets raised their target price on shares of Dollarama from C$215.00 to C$222.00 in a report on Wednesday, December 3rd. TD Securities upped their price target on shares of Dollarama from C$210.00 to C$235.00 and gave the company a “buy” rating in a report on Friday, December 12th. Finally, Stifel Nicolaus raised their price objective on shares of Dollarama from C$190.00 to C$200.00 and gave the stock a “hold” rating in a report on Friday, December 12th.

Dollarama Stock Down 1.0%

Shares of TSE DOL opened at C$183.50 on Monday. Dollarama has a 52-week low of C$132.37 and a 52-week high of C$209.96. The company has a debt-to-equity ratio of 369.36, a quick ratio of 0.08 and a current ratio of 1.43. The business has a fifty day moving average of C$199.13 and a two-hundred day moving average of C$191.39. The stock has a market cap of C$50.20 billion, a PE ratio of 39.04, a PEG ratio of 1.93 and a beta of 0.00.

Dollarama (TSE:DOL) last posted its quarterly earnings data on Thursday, December 11th. The company reported C$1.17 earnings per share for the quarter. The company had revenue of C$1.91 billion during the quarter. Dollarama had a net margin of 17.85% and a return on equity of 135.38%. As a group, equities research analysts expect that Dollarama will post 5.3295203 earnings per share for the current fiscal year.

About Dollarama

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. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.