Dollarama (TSE:DOL) had its price target hoisted by research analysts at Raymond James Financial from C$143.00 to C$165.00 in a research note issued to investors on Tuesday. The firm currently has an “outperform” rating on the stock. Raymond James Financial’s target price indicates a potential upside of 7.41% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Eight Capital upped their target price on shares of Dollarama from C$150.00 to C$185.00 in a report on Tuesday, November 28th. Royal Bank Of Canada upped their target price on shares of Dollarama from C$143.00 to C$161.00 in a report on Friday, November 24th. CIBC increased their price target on shares of Dollarama from C$141.00 to C$157.00 in a report on Friday, September 8th. National Bank Financial increased their price target on shares of Dollarama from C$140.00 to C$145.00 in a report on Friday, September 8th. Finally, Barclays increased their price target on shares of Dollarama from C$123.00 to C$130.00 in a report on Friday, September 8th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Dollarama currently has a consensus rating of “Buy” and an average price target of C$159.75.

Dollarama (DOL) traded down C$0.69 during trading on Tuesday, reaching C$153.61. 770,618 shares of the company were exchanged, compared to its average volume of 351,525. Dollarama has a twelve month low of C$96.50 and a twelve month high of C$166.62.

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

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Dollarama Company Profile

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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