Dollarama (TSE:DOL) Price Target Raised to C$200.00 at Stifel Nicolaus

Dollarama (TSE:DOL) had its price target boosted by Stifel Nicolaus from C$190.00 to C$200.00 in a report published on Friday,BayStreet.CA reports. They currently have a hold rating on the stock.

A number of other analysts also recently commented on DOL. Jefferies Financial Group boosted their price objective on Dollarama from C$223.00 to C$235.00 in a research note on Friday. TD Securities lifted their target price on Dollarama from C$210.00 to C$235.00 and gave the stock a “buy” rating in a report on Friday. Royal Bank Of Canada upped their price target on shares of Dollarama from C$212.00 to C$220.00 and gave the company an “outperform” rating in a report on Friday, November 28th. Sanford C. Bernstein raised their price objective on shares of Dollarama from C$223.00 to C$232.00 in a research report on Friday. Finally, National Bankshares boosted their target price on shares of Dollarama from C$203.00 to C$214.00 and gave the stock an “outperform” rating in a report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Dollarama has a consensus rating of “Moderate Buy” and a consensus price target of C$216.15.

Dollarama Trading Up 2.4%

Shares of TSE:DOL opened at C$202.23 on Friday. The company has a 50 day moving average of C$189.23 and a 200-day moving average of C$188.45. The company has a current ratio of 1.43, a quick ratio of 0.08 and a debt-to-equity ratio of 369.36. The firm has a market cap of C$55.86 billion, a P/E ratio of 44.84, a P/E/G ratio of 1.93 and a beta of 0.10. Dollarama has a twelve month low of C$132.37 and a twelve month high of C$209.96.

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

Dollarama Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Friday, November 7th were given a $0.1058 dividend. The ex-dividend date was Friday, October 10th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.2%. Dollarama’s dividend payout ratio (DPR) is 8.77%.

Dollarama Company Profile

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.