Q4 2018 Earnings Forecast for Dollarama Inc. (DOL) Issued By National Bank Financial
Dollarama Inc. (TSE:DOL) – Equities researchers at National Bank Financial decreased their Q4 2018 earnings estimates for Dollarama in a report released on Wednesday. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings per share of $1.42 for the quarter, down from their previous forecast of $1.43. National Bank Financial also issued estimates for Dollarama’s Q2 2019 earnings at $1.30 EPS and Q4 2019 earnings at $1.57 EPS.
DOL has been the topic of several other research reports. Eight Capital upped their price target on shares of Dollarama from C$150.00 to C$185.00 in a report on Tuesday, November 28th. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$155.00 price target on shares of Dollarama in a report on Monday, October 16th. Wells Fargo & Company assumed coverage on Dollarama in a research note on Friday, November 3rd. They issued a “market perform” rating and a C$150.00 target price on the stock. TD Securities increased their target price on Dollarama from C$135.00 to C$150.00 and gave the company a “hold” rating in a research note on Friday, September 8th. Finally, Scotiabank increased their target price on Dollarama from C$143.00 to C$162.00 and gave the company an “outperform” rating in a research note on Friday, September 8th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of C$159.75.
In other Dollarama news, insider Geoffrey Peter Robillard sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of C$133.99, for a total value of C$669,950.00.
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Dollarama Company Profile
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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