Dollarama (TSE:DOL - Free Report) had its price target boosted by BMO Capital Markets from C$154.00 to C$160.00 in a research report sent to investors on Friday morning,BayStreet.CA reports.
DOL has been the subject of several other reports. Desjardins upped their price objective on shares of Dollarama from C$147.00 to C$150.00 and gave the stock a "buy" rating in a report on Tuesday, December 3rd. Stifel Nicolaus upped their price objective on shares of Dollarama from C$136.00 to C$140.00 in a report on Thursday, December 5th. TD Securities upped their price objective on shares of Dollarama from C$154.00 to C$160.00 in a report on Thursday, December 5th. CIBC upped their target price on shares of Dollarama from C$138.00 to C$145.00 in a research note on Thursday, December 5th. Finally, National Bankshares cut shares of Dollarama from an "outperform" rating to a "sector perform" rating in a research note on Thursday, December 5th. Seven research 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's stock. Based on data from MarketBeat.com, Dollarama has a consensus rating of "Moderate Buy" and an average price target of C$145.67.
View Our Latest Stock Analysis on DOL
Dollarama Stock Performance
Shares of TSE DOL traded down C$0.42 during trading hours on Friday, hitting C$149.94. 547,417 shares of the stock were exchanged, compared to its average volume of 726,843. The company has a debt-to-equity ratio of 369.36, a current ratio of 1.43 and a quick ratio of 0.08. The company's 50 day moving average is C$142.75 and its 200 day moving average is C$141.66. The firm has a market capitalization of C$41.43 billion, a P/E ratio of 38.19, a P/E/G ratio of 1.93 and a beta of 0.56. Dollarama has a one year low of C$100.30 and a one year high of C$156.25.
Dollarama Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, February 7th were given a dividend of $0.092 per share. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend was Friday, January 10th. Dollarama's dividend payout ratio (DPR) is currently 9.42%.
Insider Buying and Selling
In other Dollarama news, Director Nicolas Hien sold 9,000 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of C$139.60, for a total transaction of C$1,256,386.50. 2.23% of the stock is currently owned by corporate insiders.
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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