Dollarama Receives Consensus Rating of “Buy” from Analysts (TSE:DOL)
Shares of Dollarama (TSE:DOL) have been given a consensus rating of “Buy” by the twelve ratings firms that are currently covering the stock, American Banking News.com reports. One investment analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$93.36.
A number of research firms have recently commented on DOL. Analysts at RBC Capital raised their price target on shares of Dollarama from C$99.00 to C$101.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Dollarama from C$95.00 to C$98.00 in a research note on Thursday, January 23rd. They now have a “buy” rating on the stock.
Dollarama (TSE:DOL) traded down 0.11% during mid-day trading on Tuesday, hitting $86.555. 11,626 shares of the company’s stock traded hands. Dollarama has a 1-year low of $63.77 and a 1-year high of $90.74. The stock has a 50-day moving average of $85.74 and a 200-day moving average of $85.9. The company has a market cap of $6.143 billion and a price-to-earnings ratio of 25.79.
Dollarama Inc (TSE:DOL) is a dollar store operator in Canada.
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