Stifel Nicolaus Has Lowered Expectations for Dollarama (TSE:DOL) Stock Price

Dollarama (TSE:DOLGet Free Report) had its price objective decreased by research analysts at Stifel Nicolaus from C$200.00 to C$180.00 in a report issued on Wednesday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. Stifel Nicolaus’ price target would indicate a potential upside of 6.61% from the stock’s previous close.

Several other brokerages have also issued reports on DOL. Canadian Imperial Bank of Commerce raised their target price on shares of Dollarama from C$199.00 to C$212.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Royal Bank Of Canada dropped their price target on shares of Dollarama from C$225.00 to C$223.00 in a research note on Wednesday. Jefferies Financial Group cut their price objective on shares of Dollarama from C$235.00 to C$200.00 in a report on Wednesday. Canaccord Genuity Group reduced their price objective on shares of Dollarama from C$207.00 to C$187.00 in a research note on Wednesday. Finally, BMO Capital Markets lifted their target price on shares of Dollarama from C$215.00 to C$222.00 in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$202.92.

Check Out Our Latest Stock Analysis on Dollarama

Dollarama Trading Down 1.8%

Shares of DOL opened at C$168.84 on Wednesday. The stock’s fifty day simple moving average is C$191.42 and its 200-day simple moving average is C$191.81. The firm has a market capitalization of C$46.19 billion, a PE ratio of 35.92, a price-to-earnings-growth ratio of 1.93 and a beta of 0.15. Dollarama has a 12-month low of C$147.00 and a 12-month high of C$209.96. The company has a quick ratio of 0.08, a current ratio of 1.13 and a debt-to-equity ratio of 370.61.

Dollarama (TSE:DOLGet Free Report) last announced its quarterly earnings data 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 return on equity of 94.71% and a net margin of 18.05%. As a group, research analysts predict that Dollarama will post 5.3295203 earnings per share for the current year.

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Dollarama Company Profile

(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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