Brokerages Set Dollarama Inc. (TSE:DOL) PT at C$145.17

Dollarama Inc. (TSE:DOL - Get Free Report) has received a consensus rating of "Moderate Buy" from the thirteen brokerages that are currently covering the firm, MarketBeat.com reports. Seven analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$145.17.

A number of research analysts recently weighed in on the company. TD Securities upped their price target on Dollarama from C$154.00 to C$160.00 in a research note on Thursday, December 5th. Desjardins upped their target price on Dollarama from C$147.00 to C$150.00 and gave the stock a "buy" rating in a research report on Tuesday, December 3rd. Scotiabank raised shares of Dollarama to a "strong-buy" rating in a research report on Monday, January 20th. CIBC boosted their price target on shares of Dollarama from C$138.00 to C$145.00 in a research note on Thursday, December 5th. Finally, UBS Group set a C$147.00 price objective on shares of Dollarama and gave the company a "neutral" rating in a research note on Friday, December 13th.

Insider Activity at Dollarama

In other news, Director Nicolas Hien sold 9,000 shares of Dollarama stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$139.60, for a total transaction of C$1,256,386.50. Also, Director Stephen Gunn sold 54,950 shares of the business's stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of C$141.57, for a total value of C$7,779,271.50. 2.23% of the stock is currently owned by corporate insiders.

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Dollarama Trading Down 1.5 %

Shares of Dollarama stock traded down C$2.25 on Friday, reaching C$152.78. 761,232 shares of the company's stock were exchanged, compared to its average volume of 711,696. 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 company has a market capitalization of C$42.22 billion, a P/E ratio of 38.91, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56. The firm's 50-day moving average is C$141.34 and its two-hundred day moving average is C$140.91. Dollarama has a 52 week low of C$100.30 and a 52 week high of C$156.25.

Dollarama Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, February 7th were given a $0.092 dividend. This represents a $0.37 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend was Friday, January 10th. Dollarama's dividend payout ratio (DPR) is presently 9.42%.

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.