Dollarama (TSE:DOL – Get Free Report) had its target price lowered by research analysts at Canaccord Genuity Group from C$207.00 to C$187.00 in a research report issued on Wednesday,BayStreet.CA reports. Canaccord Genuity Group’s price objective would indicate a potential upside of 10.76% from the stock’s current price.
Other analysts have also recently issued reports about the stock. Royal Bank Of Canada set a C$225.00 price objective on shares of Dollarama and gave the company an “outperform” rating in a research note on Monday, March 16th. Sanford C. Bernstein increased their target price on Dollarama from C$223.00 to C$232.00 in a research report on Friday, December 12th. Desjardins set a C$218.00 target price on Dollarama and gave the company a “buy” rating in a report on Monday, March 16th. Scotiabank boosted their price target on Dollarama from C$205.00 to C$220.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Finally, Wells Fargo & Company upped their price target on Dollarama from C$185.00 to C$195.00 and gave the stock an “equal weight” rating in a research note on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Dollarama has a consensus rating of “Moderate Buy” and an average target price of C$202.92.
View Our Latest Stock Report on Dollarama
Dollarama Price Performance
Dollarama (TSE:DOL – Get Free Report) last issued its quarterly earnings results on Tuesday, March 24th. The company reported C$1.43 EPS for the quarter. The firm had revenue of C$2.10 billion during the quarter. Dollarama had a net margin of 18.05% and a return on equity of 94.71%. Sell-side analysts predict that Dollarama will post 5.3295203 earnings per share for the current year.
Key Stories Impacting Dollarama
Here are the key news stories impacting Dollarama this week:
- Positive Sentiment: Management raised the quarterly dividend by 13%, a direct cash return to shareholders that supports yield-focused investors and signals capital allocation discipline. Canadian Retailer Dollarama Increases Dividend 13%
- Positive Sentiment: CIBC upgraded Dollarama from “hold” to “outperform” (C$202 PT), indicating at least one major house sees upside despite recent weakness. Analyst Ratings Roundup
- Neutral Sentiment: Some analysts and columnists argue the post‑earnings 10% drop is an overreaction and present a “buy‑the‑dip” case — useful context for contrarian investors but not new company fundamentals. Market Overreacts? Dollarama’s 10% Post-Earnings Drop Looks Like a Golden Entry Point
- Neutral Sentiment: Commentary asks whether bigger shareholder payouts reflect capital discipline or fewer organic growth avenues — a mixed signal that could matter to longer‑term strategy investors. Do Bigger Payouts Hint At Capital Discipline Or Fewer Growth Avenues Ahead?
- Negative Sentiment: Management flagged annual sales guidance largely below Street estimates and said price increases will be passed on only “where absolutely necessary,” raising near‑term top‑line and margin concerns. Dollarama to only pass on price increases from war where ‘absolutely necessary’: CEO
- Negative Sentiment: Multiple major banks cut price targets across the board (Scotiabank, BMO, Wells Fargo, UBS, TD, RBC, etc.), reflecting lower growth expectations and helping drive selling pressure. Analyst Ratings Roundup
- Negative Sentiment: Coverage pieces note this was Dollarama’s worst trading day since 2018 and the stock’s sharp post‑earnings slide — market momentum and reduced investor confidence are amplifying volatility. Dollarama stock just saw its worst day since 2018 — Why Bay Street isn’t flinching
- Neutral Sentiment: Detailed Q4 writeups suggest the quarter was soft but that core profitability (recent EPS C$1.43; strong ROE and margins) still supports a premium multiple; investors must decide if the pullback is a buying opportunity or a sign of structural slowing. Dollarama: Look Through A Soft Q4
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.
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