UBS Group Lowers Dollarama (TSE:DOL) Price Target to C$191.00

Dollarama (TSE:DOLGet Free Report) had its price objective decreased by equities researchers at UBS Group from C$210.00 to C$191.00 in a research note issued on Wednesday,BayStreet.CA reports. UBS Group’s price target points to a potential upside of 13.12% from the stock’s current price.

Several other research analysts also recently commented on DOL. Canaccord Genuity Group reduced their target price on Dollarama from C$207.00 to C$187.00 in a research note on Wednesday. Canadian Imperial Bank of Commerce increased their price target on Dollarama from C$199.00 to C$212.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. TD Securities raised their price target on Dollarama from C$210.00 to C$235.00 and gave the company a “buy” rating in a report on Friday, December 12th. National Bank Financial reduced their price objective on shares of Dollarama from C$226.00 to C$225.00 and set an “outperform” rating for the company in a research report on Friday, March 6th. Finally, Sanford C. Bernstein upped their price objective on shares of Dollarama from C$223.00 to C$232.00 in a report on Friday, December 12th. One investment 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$202.92.

View Our Latest Stock Analysis on Dollarama

Dollarama Trading Down 1.8%

Shares of TSE:DOL opened at C$168.84 on Wednesday. Dollarama has a 52-week low of C$147.00 and a 52-week high of C$209.96. The company has a debt-to-equity ratio of 370.61, a quick ratio of 0.08 and a current ratio of 1.13. The company has a market capitalization of C$46.19 billion, a P/E ratio of 35.92, a price-to-earnings-growth ratio of 1.93 and a beta of 0.15. The company has a 50-day simple moving average of C$191.42 and a 200 day simple moving average of C$191.81.

Dollarama (TSE:DOLGet Free Report) last announced its quarterly earnings results on Tuesday, March 24th. The company reported C$1.43 earnings per share for the quarter. The firm had revenue of C$2.10 billion for the quarter. Dollarama had a return on equity of 94.71% and a net margin of 18.05%. Sell-side analysts forecast that Dollarama will post 5.3295203 earnings per share for the current year.

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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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