Dollarama (OTCMKTS:DLMAF) Raised to Hold at Zacks Research

Dollarama (OTCMKTS:DLMAFGet Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other equities analysts also recently weighed in on DLMAF. National Bank Financial reaffirmed an “outperform” rating on shares of Dollarama in a research note on Thursday, December 4th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Scotiabank reissued an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. TD Securities reissued a “buy” rating on shares of Dollarama in a report on Friday, December 12th. Finally, Royal Bank Of Canada upgraded shares of Dollarama to a “moderate buy” rating in a research report on Monday. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

View Our Latest Report on DLMAF

Dollarama Stock Down 2.1%

Shares of OTCMKTS DLMAF opened at $139.13 on Monday. The firm’s 50-day simple moving average is $141.94 and its 200 day simple moving average is $139.14. The company has a market cap of $37.97 billion and a price-to-earnings ratio of 165.63. The company has a quick ratio of 0.23, a current ratio of 1.09 and a debt-to-equity ratio of 3.55. Dollarama has a 12-month low of $103.36 and a 12-month high of $160.86.

About Dollarama

(Get Free Report)

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.

Read More

Analyst Recommendations for Dollarama (OTCMKTS:DLMAF)

Receive News & Ratings for Dollarama Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama and related companies with MarketBeat.com's FREE daily email newsletter.