Analysts Set Dollarama Inc. (TSE:DOL) PT at C$217.08

Shares of Dollarama Inc. (TSE:DOL) have received a consensus rating of “Moderate Buy” from the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$217.08.

DOL has been the topic of a number of recent analyst reports. Desjardins set a C$218.00 price target on shares of Dollarama and gave the stock a “buy” rating in a research note on Monday. TD Securities upped their price objective on Dollarama from C$210.00 to C$235.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Stifel Nicolaus increased their target price on Dollarama from C$190.00 to C$200.00 and gave the stock a “hold” rating in a research report on Friday, December 12th. Sanford C. Bernstein lifted their target price on Dollarama from C$223.00 to C$232.00 in a report on Friday, December 12th. Finally, Canaccord Genuity Group boosted their price target on Dollarama from C$198.00 to C$207.00 in a research report on Friday, December 12th.

Dollarama Trading Down 3.2%

TSE DOL opened at C$183.48 on Tuesday. The company has a 50-day moving average of C$193.89 and a 200-day moving average of C$192.23. The company has a debt-to-equity ratio of 415.13, a current ratio of 1.09 and a quick ratio of 0.08. Dollarama has a 12 month low of C$147.00 and a 12 month high of C$209.96. The company has a market cap of C$50.20 billion, a P/E ratio of 39.04, a P/E/G ratio of 1.93 and a beta of 0.15.

About Dollarama

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.