Dollarama Inc. (OTCMKTS:DLMAF) Receives Average Rating of “Moderate Buy” from Brokerages

Dollarama Inc. (OTCMKTS:DLMAF) has earned an average rating of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

A number of brokerages have recently issued reports on DLMAF. BMO Capital Markets restated an “outperform” rating on shares of Dollarama in a research note on Thursday, June 12th. Scotiabank restated an “outperform” rating on shares of Dollarama in a research note on Thursday, June 12th. National Bankshares restated an “outperform” rating on shares of Dollarama in a research note on Thursday, June 12th. Royal Bank Of Canada restated an “outperform” rating on shares of Dollarama in a research note on Thursday, June 12th. Finally, Desjardins restated a “buy” rating on shares of Dollarama in a research note on Thursday, June 12th.

Dollarama Stock Performance

Shares of DLMAF stock opened at $136.70 on Monday. Dollarama has a 52-week low of $88.12 and a 52-week high of $144.08. The firm has a fifty day moving average of $126.56 and a 200-day moving average of $109.62.

Dollarama Company Profile

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.