National Bank Financial Raises Dollarama (DOL) Price Target to C$161.00
Dollarama (TSE:DOL) had its target price increased by equities researchers at National Bank Financial from C$160.00 to C$161.00 in a research report issued on Thursday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 2.86% from the stock’s previous close. National Bank Financial also issued estimates for Dollarama’s Q4 2018 earnings at $1.42 EPS, Q2 2019 earnings at $1.30 EPS and Q4 2019 earnings at $1.57 EPS.
Other analysts have also recently issued research reports about the stock. Eight Capital boosted 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 price target on shares of Dollarama from C$143.00 to C$161.00 in a research note on Friday, November 24th. Raymond James Financial upped their price target on shares of Dollarama from C$140.00 to C$143.00 in a research note on Friday, September 8th. CIBC upped their price target on shares of Dollarama from C$141.00 to C$157.00 in a research note on Friday, September 8th. Finally, Barclays upped their price target on shares of Dollarama from C$123.00 to C$130.00 in a research note on Friday, September 8th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of C$161.42.
Shares of Dollarama (TSE DOL) traded up C$6.80 during mid-day trading on Thursday, hitting C$156.53. 447,221 shares of the stock were exchanged, compared to its average volume of 356,253. Dollarama has a 1 year low of C$96.50 and a 1 year high of C$166.62.
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.
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