Dollarama Inc. (TSE:DOL) had its price target lifted by stock analysts at TD Securities from C$150.00 to C$160.00 in a research note issued to investors on Wednesday. The brokerage currently has a “hold” rating on the stock. TD Securities’ price target points to a potential upside of 0.82% from the company’s current price.

Several other research analysts have also commented on DOL. Scotiabank upped their price objective on shares of Dollarama from C$143.00 to C$162.00 and gave the stock an “outperform” rating in a report on Friday, September 8th. National Bank Financial upped their price objective on shares of Dollarama from C$140.00 to C$145.00 in a report on Friday, September 8th. BMO Capital Markets upped their price objective on shares of Dollarama from C$141.00 to C$150.00 in a report on Friday, September 8th. CIBC upped their price objective on shares of Dollarama from C$141.00 to C$157.00 in a report on Friday, September 8th. Finally, Barclays PLC upped their price objective on shares of Dollarama from C$123.00 to C$130.00 in a report on Friday, September 8th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of C$148.75.

Shares of Dollarama (DOL) traded up C$5.06 during midday trading on Wednesday, reaching C$158.70. 592,160 shares of the company’s stock traded hands, compared to its average volume of 339,498. Dollarama has a 1-year low of C$96.50 and a 1-year high of C$158.74.

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

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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