Dollarama Inc. (TSE:DOL) Receives Average Rating of “Moderate Buy” from Analysts

Dollarama Inc. (TSE:DOL) has been assigned an average recommendation of “Moderate Buy” from the twelve analysts that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$216.15.

Several research analysts have issued reports on DOL shares. TD Securities increased their price objective on Dollarama from C$210.00 to C$235.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Scotiabank increased their target price on shares of Dollarama from C$205.00 to C$220.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Canaccord Genuity Group lifted their price target on shares of Dollarama from C$198.00 to C$207.00 in a report on Friday, December 12th. Royal Bank Of Canada upped their price objective on shares of Dollarama from C$220.00 to C$225.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Finally, National Bankshares raised their price objective on shares of Dollarama from C$214.00 to C$226.00 and gave the stock an “outperform” rating in a report on Friday, December 12th.

Dollarama Trading Down 0.4%

Shares of Dollarama stock opened at C$192.22 on Monday. Dollarama has a 52-week low of C$132.37 and a 52-week high of C$209.96. The firm has a market capitalization of C$52.59 billion, a PE ratio of 40.90, a price-to-earnings-growth ratio of 1.93 and a beta of 0.00. The company has a debt-to-equity ratio of 369.36, a current ratio of 1.43 and a quick ratio of 0.08. The company’s fifty day moving average price is C$200.17 and its two-hundred day moving average price is C$191.52.

Dollarama (TSE:DOL) last issued its earnings results on Thursday, December 11th. The company reported C$1.17 earnings per share (EPS) for the quarter. The business had revenue of C$1.91 billion during the quarter. Dollarama had a return on equity of 135.38% and a net margin of 17.85%. On average, analysts expect that Dollarama will post 5.3295203 EPS for the current year.

About Dollarama

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.