Scotiabank set a C$114.00 target price on Dollarama Inc (TSE:DOL) in a research note released on Tuesday morning. The brokerage currently has an outperform rating on the stock.

DOL has been the topic of several other research reports. RBC Capital Markets lifted their target price on Dollarama from C$120.00 to C$122.00 and gave the company an outperform rating in a research note on Friday, September 2nd. TD Securities upgraded Dollarama from a hold rating to a buy rating and lifted their target price for the company from C$105.00 to C$115.00 in a research note on Wednesday, August 24th. Desjardins lifted their target price on Dollarama from C$103.00 to C$116.00 and gave the company a buy rating in a research note on Friday, September 2nd. Raymond James Financial Inc. lifted their target price on Dollarama from C$105.00 to C$110.00 and gave the company an outperform rating in a research note on Friday, September 2nd. Finally, BMO Capital Markets reiterated an outperform rating and issued a C$110.00 target price on shares of Dollarama in a research note on Friday, September 2nd. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of C$108.15.

Analyst Recommendations for Dollarama (TSE:DOL)

Shares of Dollarama (TSE:DOL) opened at 99.69 on Tuesday. The stock has a market cap of $11.82 billion and a price-to-earnings ratio of 29.93. The stock’s 50 day moving average is $100.39 and its 200 day moving average is $96.40. Dollarama has a 52-week low of $70.29 and a 52-week high of $104.94.

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About Dollarama

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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