Dollarama (TSE:DOL) PT Set at C$225.00 by Royal Bank Of Canada

Dollarama (TSE:DOL) received a C$225.00 target price from equities research analysts at Royal Bank Of Canada in a research report issued on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 15.31% from the stock’s current price.

A number of other equities analysts also recently issued reports on the stock. Jefferies Financial Group increased their price target on shares of Dollarama from C$223.00 to C$235.00 in a research note on Friday, December 12th. Desjardins set a C$218.00 target price on Dollarama and gave the stock a “buy” rating in a report on Monday. Wells Fargo & Company increased their target price on Dollarama from C$185.00 to C$195.00 and gave the stock an “equal weight” rating in a research report on Friday, December 12th. BMO Capital Markets lifted their price target on Dollarama from C$215.00 to C$222.00 in a research report on Wednesday, December 3rd. Finally, Scotiabank increased their price objective on Dollarama from C$205.00 to C$220.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$217.08.

Dollarama Stock Down 1.6%

Shares of Dollarama stock opened at C$195.12 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.08 and a debt-to-equity ratio of 415.13. Dollarama has a 12-month low of C$147.00 and a 12-month high of C$209.96. The company has a market cap of C$53.38 billion, a P/E ratio of 41.51, a PEG ratio of 1.93 and a beta of 0.15. The company’s fifty day simple moving average is C$194.38 and its two-hundred day simple moving average is C$192.31.

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.