Dollarama (OTCMKTS:DLMAF) Sets New 12-Month High – Here’s Why

Dollarama Inc. (OTCMKTS:DLMAFGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $145.93 and last traded at $145.93, with a volume of 3418 shares trading hands. The stock had previously closed at $144.81.

Analysts Set New Price Targets

A number of analysts have weighed in on DLMAF shares. National Bankshares restated an “outperform” rating on shares of Dollarama in a research report on Thursday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Dollarama in a research note on Friday, November 28th. Finally, Sanford C. Bernstein began coverage on Dollarama in a research report on Wednesday, September 17th. They set an “outperform” rating on the stock. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on Dollarama

Dollarama Stock Up 0.8%

The company has a fifty day moving average of $133.78 and a 200 day moving average of $135.61.

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.

Read More

Receive News & Ratings for Dollarama Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama and related companies with MarketBeat.com's FREE daily email newsletter.