Shares of Dollarama Inc (TSE:DOL) have been assigned an average rating of “Buy” from the twelve ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$144.08.

A number of analysts recently commented on the stock. National Bank Financial boosted their target price on shares of Dollarama from C$140.00 to C$145.00 in a report on Friday, September 8th. CIBC boosted their price objective on shares of Dollarama from C$141.00 to C$157.00 in a research report on Friday, September 8th. Raymond James Financial, Inc. lifted their target price on shares of Dollarama from C$140.00 to C$143.00 in a research note on Friday, September 8th. Eight Capital upped their target price on shares of Dollarama from C$140.00 to C$150.00 in a research note on Friday, September 8th. Finally, Desjardins upgraded shares of Dollarama from a “hold” rating to a “buy” rating and upped their target price for the company from C$134.00 to C$154.00 in a research note on Friday, September 8th.

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 stock was sold at an average price of C$133.99, for a total value of C$669,950.00.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Friday, October 6th were issued a $0.11 dividend. The ex-dividend date was Thursday, October 5th. This represents a $0.44 annualized dividend and a dividend yield of 0.31%.

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About Dollarama

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)

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