National Bank Financial Issues Pessimistic Forecast for Dollarama (TSE:DOL) Stock Price

Dollarama (TSE:DOLGet Free Report) had its target price lowered by National Bank Financial from C$225.00 to C$198.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 17.27% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. Wells Fargo & Company increased their price target on shares of Dollarama from C$185.00 to C$195.00 and gave the company an “equal weight” rating in a report on Friday, December 12th. Canaccord Genuity Group decreased their price objective on shares of Dollarama from C$207.00 to C$187.00 in a report on Wednesday. Stifel Nicolaus lowered their price objective on Dollarama from C$200.00 to C$180.00 and set a “hold” rating on the stock in a research report on Wednesday. TD Securities cut their target price on Dollarama from C$235.00 to C$225.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Desjardins reduced their target price on Dollarama from C$218.00 to C$205.00 and set a “buy” rating for the company in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Dollarama presently has a consensus rating of “Moderate Buy” and an average price target of C$202.92.

View Our Latest Research Report on DOL

Dollarama Stock Performance

Shares of Dollarama stock opened at C$168.84 on Wednesday. The stock has a market cap of C$46.19 billion, a price-to-earnings ratio of 35.92, a PEG ratio of 1.93 and a beta of 0.15. The firm’s 50-day moving average is C$191.42 and its 200 day moving average is C$191.81. Dollarama has a 1 year low of C$147.00 and a 1 year high of C$209.96. The company has a debt-to-equity ratio of 370.61, a current ratio of 1.13 and a quick ratio of 0.08.

Dollarama (TSE:DOLGet Free Report) last released its quarterly earnings data on Tuesday, March 24th. The company reported C$1.43 earnings per share for the quarter. The business 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 anticipate that Dollarama will post 5.3295203 EPS for the current fiscal year.

Dollarama News Summary

Here are the key news stories impacting Dollarama this week:

About Dollarama

(Get Free Report)

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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Analyst Recommendations for Dollarama (TSE:DOL)

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