Dollarama Inc. (TSE:DOL) Receives C$216.15 Consensus Target Price from Analysts

Dollarama Inc. (TSE:DOL) has received an average recommendation of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$216.15.

DOL has been the topic of several research analyst reports. Jefferies Financial Group lifted their price target on Dollarama from C$223.00 to C$235.00 in a research report on Friday, December 12th. CIBC raised their target price on shares of Dollarama from C$199.00 to C$212.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. National Bankshares upped their price target on shares of Dollarama from C$214.00 to C$226.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. TD Securities increased their price target on shares of Dollarama from C$210.00 to C$235.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Finally, Canaccord Genuity Group lifted their price objective on shares of Dollarama from C$198.00 to C$207.00 in a research note on Friday, December 12th.

Dollarama Price Performance

Shares of DOL opened at C$186.30 on Monday. Dollarama has a 1-year low of C$132.37 and a 1-year high of C$209.96. The stock has a market cap of C$50.97 billion, a PE ratio of 39.64, a price-to-earnings-growth ratio of 1.93 and a beta of 0.00. The company has a debt-to-equity ratio of 369.36, a current ratio of 1.43 and a quick ratio of 0.08. The firm has a fifty day moving average price of C$199.67 and a 200 day moving average price of C$191.46.

Dollarama (TSE:DOL) last issued its quarterly earnings data on Thursday, December 11th. The company reported C$1.17 earnings per share (EPS) for the quarter. Dollarama had a return on equity of 135.38% and a net margin of 17.85%.The company had revenue of C$1.91 billion for the quarter. As a group, sell-side analysts anticipate that Dollarama will post 5.3295203 EPS for the current year.

Dollarama Company Profile

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.