Dollarama Inc (OTCMKTS:DLMAF) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of Dollarama Inc (OTCMKTS:DLMAF) have received a consensus rating of “Buy” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.
Several analysts have issued reports on the company. Desjardins lifted their price target on TRANSAT AT from C$13.00 to C$14.00 in a research note on Friday, June 14th. Wells Fargo & Co reaffirmed a “buy” rating and issued a $55.00 target price on shares of Metlife in a research report on Tuesday, May 21st.
OTCMKTS DLMAF traded up $0.11 during trading hours on Wednesday, reaching $38.23. The company had a trading volume of 38,225 shares, compared to its average volume of 4,926. The firm has a 50-day moving average price of $34.10. Dollarama has a 1-year low of $22.55 and a 1-year high of $38.90.
Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal items. The company also offers products online. As of March 28, 2019, it operated 1,225 stores. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.
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