Dollarama Inc (DOL) Earns Neutral Rating from CSFB
A number of other equities analysts also recently commented on the stock. Barclays PLC upped their target price on shares of Dollarama from C$98.00 to C$105.00 and gave the stock an equal weight rating in a research note on Tuesday, August 30th. RBC Capital Markets upped their target price on shares of Dollarama from C$111.00 to C$120.00 and gave the stock an outperform rating in a research note on Friday, August 19th. Scotiabank restated an outperform rating and issued a C$106.00 target price on shares of Dollarama in a research note on Thursday, August 25th. TD Securities upgraded shares of Dollarama from a hold rating to a buy rating and upped their target price for the stock from C$105.00 to C$115.00 in a research note on Wednesday, August 24th. Finally, Raymond James Financial Inc. upped their target price on shares of Dollarama from C$105.00 to C$110.00 and gave the stock an outperform rating in a research note on Friday, September 2nd. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock has an average rating of Buy and a consensus price target of C$108.15.
Dollarama (TSE:DOL) opened at 98.71 on Tuesday. The company has a 50-day moving average of $100.74 and a 200-day moving average of $96.12. The stock has a market capitalization of $11.70 billion and a price-to-earnings ratio of 29.63. Dollarama has a one year low of $70.29 and a one year high of $104.94.
Dollarama Inc is a Canada-based holding company. The Company operates dollar stores. It has approximately 1,030 stores in operation in Canada. Its stores have an average area of approximately 9,942 square feet, and offer a range of consumer products, general merchandise and seasonal items, including private label and nationally branded products.
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