Dollarama (TSE:DOL - Get Free Report) had its price objective upped by stock analysts at Scotiabank from C$150.00 to C$175.00 in a research report issued on Friday,BayStreet.CA reports. Scotiabank's price objective would suggest a potential upside of 15.17% from the company's previous close.
A number of other research firms also recently issued reports on DOL. Stifel Nicolaus upped their price target on shares of Dollarama from C$140.00 to C$162.00 in a research note on Friday, April 4th. Desjardins lifted their price target on Dollarama from C$150.00 to C$160.00 and gave the stock a "buy" rating in a research report on Wednesday, April 2nd. UBS Group upped their price objective on Dollarama from C$147.00 to C$165.00 in a research report on Friday, April 4th. CIBC lifted their target price on Dollarama from C$138.00 to C$145.00 in a report on Thursday, December 5th. Finally, Canaccord Genuity Group raised their price target on Dollarama from C$140.00 to C$146.00 and gave the stock a "hold" rating in a research report on Tuesday, March 25th. Six investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$163.31.
View Our Latest Report on Dollarama
Dollarama Price Performance
TSE DOL traded up C$2.07 during trading on Friday, hitting C$151.95. 807,855 shares of the stock traded hands, compared to its average volume of 774,376. The company has a quick ratio of 0.08, a current ratio of 1.43 and a debt-to-equity ratio of 369.36. Dollarama has a 12-month low of C$107.80 and a 12-month high of C$174.22. The firm has a 50-day simple moving average of C$147.31 and a 200-day simple moving average of C$143.77. The company has a market capitalization of C$41.99 billion, a P/E ratio of 38.70, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56.
About Dollarama
(
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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.
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