Dollarama Inc. (TSE:DOL) Given Average Recommendation of “Moderate Buy” by Brokerages

Dollarama Inc. (TSE:DOL) has been assigned an average rating of “Moderate Buy” from the eleven analysts that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$216.15.

DOL has been the topic of several analyst reports. 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. Scotiabank raised their price objective on Dollarama from C$205.00 to C$220.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Sanford C. Bernstein upped their target price on Dollarama from C$223.00 to C$232.00 in a research report on Friday, December 12th. Royal Bank Of Canada increased their price target on Dollarama from C$220.00 to C$225.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Finally, Stifel Nicolaus raised their price target on Dollarama from C$190.00 to C$200.00 and gave the stock a “hold” rating in a report on Friday, December 12th.

Dollarama Stock Performance

Shares of Dollarama stock opened at C$193.44 on Friday. The company has a market capitalization of C$52.92 billion, a PE ratio of 41.16, a P/E/G ratio of 1.93 and a beta of -0.07. The company has a 50-day simple moving average of C$196.62 and a two-hundred day simple moving average of C$191.70. Dollarama has a one year low of C$141.88 and a one year high of C$209.96. The company has a debt-to-equity ratio of 369.36, a quick ratio of 0.08 and a current ratio of 1.43.

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

Dollarama Company Profile

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.