Dollarama (TSE:DOL) had its target price decreased by equities researchers at Canaccord Genuity from C$178.00 to C$175.00 in a report released on Thursday. Canaccord Genuity’s target price points to a potential upside of 10.28% from the stock’s previous close.

Other analysts have also issued research reports about the company. Royal Bank Of Canada raised their price target on Dollarama from C$143.00 to C$161.00 in a research note on Friday, November 24th. Eight Capital raised their price target on Dollarama from C$140.00 to C$150.00 in a research note on Friday, September 8th. Raymond James Financial raised their price target on Dollarama from C$140.00 to C$143.00 in a research note on Friday, September 8th. CIBC raised their price target on Dollarama from C$141.00 to C$157.00 in a research note on Friday, September 8th. Finally, National Bank Financial raised their price target on Dollarama from C$140.00 to C$145.00 in a research note on Friday, September 8th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of C$161.42.

Shares of Dollarama (TSE:DOL) opened at C$158.68 on Thursday. Dollarama has a 52 week low of C$96.50 and a 52 week high of C$166.62.

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

ILLEGAL ACTIVITY WARNING: This piece was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be read at https://www.thecerbatgem.com/2017/12/09/canaccord-genuity-lowers-dollarama-dol-price-target-to-c175-00.html.

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.

Analyst Recommendations for Dollarama (TSE:DOL)

Receive News & Stock Ratings for Dollarama Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama Inc. and related stocks with our FREE daily email newsletter.