UBS Group Boosts Dollarama (TSE:DOL) Price Target to C$165.00

Dollarama (TSE:DOL - Get Free Report) had its price objective raised by UBS Group from C$147.00 to C$165.00 in a research note issued to investors on Friday,BayStreet.CA reports. UBS Group's target price points to a potential upside of 8.59% from the company's current price.

Several other equities research analysts have also recently commented on DOL. Canaccord Genuity Group raised their target price on shares of Dollarama from C$140.00 to C$146.00 and gave the stock a "hold" rating in a research report on Tuesday, March 25th. Desjardins lifted their price objective on Dollarama from C$150.00 to C$160.00 and gave the company a "buy" rating in a research report on Wednesday, April 2nd. Stifel Nicolaus upped their target price on Dollarama from C$136.00 to C$140.00 in a report on Thursday, December 5th. Scotiabank upgraded Dollarama to a "strong-buy" rating in a research report on Monday, January 20th. Finally, National Bankshares upgraded Dollarama from a "sector perform" rating to an "outperform" rating and increased their price objective for the stock from C$156.00 to C$166.00 in a report on Friday, March 28th. Six analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$163.31.

Dollarama Trading Up 1.4 %

Shares of DOL traded up C$2.07 during mid-day trading on Friday, hitting C$151.95. 807,855 shares of the company's 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. The firm has a market capitalization of C$41.99 billion, a P/E ratio of 38.70, a PEG ratio of 1.93 and a beta of 0.56. The business's 50-day moving average price is C$147.31 and its 200-day moving average price is C$143.77. Dollarama has a 1 year low of C$107.80 and a 1 year high of C$174.22.

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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.