BMO Capital Markets reaffirmed their outperform rating on shares of Dollarama Inc (TSE:DOL) in a report released on Monday. They currently have a C$155.00 price objective on the stock.

A number of other research firms also recently weighed in on DOL. Eight Capital raised their price target on Dollarama from C$140.00 to C$150.00 in a research report on Friday, September 8th. National Bank Financial raised their price target on Dollarama from C$140.00 to C$145.00 in a research report on Friday, September 8th. Scotiabank raised their price target on Dollarama from C$143.00 to C$162.00 and gave the company an outperform rating in a research report on Friday, September 8th. Desjardins upgraded Dollarama from a hold rating to a buy rating and raised their price target for the company from C$134.00 to C$154.00 in a research report on Friday, September 8th. Finally, CIBC raised their price target on Dollarama from C$141.00 to C$157.00 in a research report on Friday, September 8th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of C$144.08.

Shares of Dollarama (TSE:DOL) opened at 141.54 on Monday. The company’s 50-day moving average price is $133.83 and its 200-day moving average price is $124.50. The company has a market cap of $15.90 billion and a price-to-earnings ratio of 34.18. Dollarama has a 12 month low of $93.27 and a 12 month high of $142.04.

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The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, October 6th will be paid a dividend of $0.11 per share. The ex-dividend date is Thursday, October 5th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.31%.

In related news, insider Geoffrey Peter Robillard sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of C$133.99, for a total value of C$669,950.00.

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.

Analyst Recommendations for Dollarama (TSE:DOL)

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