Dollarama (TSE:DOL) Given a C$147.00 Price Target at UBS Group

Dollarama (TSE:DOL - Get Free Report) has been assigned a C$147.00 price objective by equities researchers at UBS Group in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm presently has a "neutral" rating on the stock. UBS Group's price objective suggests a potential upside of 3.64% from the company's previous close.

A number of other brokerages have also recently issued reports on DOL. Wells Fargo & Company cut shares of Dollarama from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from C$136.00 to C$130.00 in a report on Thursday, September 12th. Canaccord Genuity Group raised their target price on shares of Dollarama from C$138.00 to C$140.00 and gave the stock a "hold" rating in a report on Thursday, November 28th. TD Securities raised their target price on shares of Dollarama from C$154.00 to C$160.00 in a report on Thursday, December 5th. National Bankshares cut shares of Dollarama from an "outperform" rating to a "sector perform" rating in a report on Thursday, December 5th. Finally, Cfra raised shares of Dollarama from a "hold" rating to a "buy" rating and raised their target price for the stock from C$130.00 to C$155.00 in a report on Thursday, September 12th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of C$145.17.

Dollarama Stock Up 0.2 %

TSE:DOL traded up C$0.29 during mid-day trading on Friday, reaching C$141.84. The stock had a trading volume of 719,300 shares, compared to its average volume of 585,131. The company has a market capitalization of C$39.97 billion, a price-to-earnings ratio of 36.75, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56. Dollarama has a 1-year low of C$89.93 and a 1-year high of C$152.97. The stock's 50 day simple moving average is C$144.54 and its two-hundred day simple moving average is C$135.03. The company has a debt-to-equity ratio of 391.24, a current ratio of 1.99 and a quick ratio of 0.08.

Dollarama (TSE:DOL - Get Free Report) last posted its quarterly earnings results on Wednesday, September 11th. The company reported C$1.02 EPS for the quarter, topping analysts' consensus estimates of C$0.96 by C$0.06. The business had revenue of C$1.56 billion during the quarter, compared to the consensus estimate of C$1.57 billion. Dollarama had a return on equity of 156.46% and a net margin of 17.85%. Equities analysts anticipate that Dollarama will post 5.3295203 EPS for the current year.

Insiders Place Their Bets

In other Dollarama news, Director Stephen Gunn sold 54,950 shares of Dollarama stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$141.57, for a total transaction of C$7,779,271.50. Also, Director Nicolas Hien sold 5,167 shares of Dollarama stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of C$135.18, for a total transaction of C$698,490.04. Over the last 90 days, insiders have sold 62,647 shares of company stock worth $8,829,251. 2.23% of the stock is owned by insiders.

About Dollarama

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.