National Bank Financial Cuts Dollarama (TSE:DOL) Price Target to C$198.00

Dollarama (TSE:DOL) had its price target reduced by National Bank Financial from C$225.00 to C$198.00 in a research note published on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other equities analysts also recently weighed in on DOL. Wells Fargo & Company lifted their target price on shares of Dollarama from C$185.00 to C$195.00 and gave the stock an “equal weight” rating in a research note on Friday, December 12th. BMO Capital Markets upped their price target on shares of Dollarama from C$215.00 to C$222.00 in a research report on Wednesday, December 3rd. Jefferies Financial Group decreased their price target on Dollarama from C$235.00 to C$200.00 in a report on Wednesday. Desjardins lowered their price objective on Dollarama from C$218.00 to C$205.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Royal Bank Of Canada dropped their price objective on Dollarama from C$225.00 to C$223.00 in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$202.92.

Dollarama Stock Performance

Shares of DOL stock opened at C$166.76 on Wednesday. The stock has a market capitalization of C$45.48 billion, a PE ratio of 35.26, a PEG ratio of 1.93 and a beta of 0.15. The business’s 50 day simple moving average is C$190.83 and its 200 day simple moving average is C$191.65. The company has a debt-to-equity ratio of 370.61, a current ratio of 1.13 and a quick ratio of 0.08. Dollarama has a one year low of C$147.00 and a one year high of C$209.96.

Dollarama (TSE:DOL) last released its quarterly earnings results on Tuesday, March 24th. The company reported C$1.43 earnings per share (EPS) for the quarter. The firm had revenue of C$2.10 billion during the quarter. Dollarama had a net margin of 18.05% and a return on equity of 94.71%. As a group, research analysts forecast that Dollarama will post 5.3295203 earnings per share for the current year.

Key Stories Impacting Dollarama

Here are the key news stories impacting Dollarama this week:

• Positive Sentiment: CIBC upgraded Dollarama to Outperform, noting relative resilience — a supportive catalyst for the shares. Dollarama (TSE:DOL) Raised to Outperform at Canadian Imperial Bank of Commerce
• Positive Sentiment: Dollarama raised its dividend by 13%, boosting yield and signaling capital returns/discipline to investors. Canadian Retailer Dollarama Increases Dividend 13%
• Positive Sentiment: Some commentators view the post-earnings pullback as an overreaction and a potential buying opportunity for long-term investors. Market Overreacts? Dollarama’s 10% Post-Earnings Drop Looks Like a Golden Entry Point
• Neutral Sentiment: Analysis pieces question whether bigger payouts reflect capital discipline or fewer growth avenues — a mixed signal for valuation/strategy. Do Bigger Payouts Hint At Capital Discipline Or Fewer Growth Avenues Ahead?
• Neutral Sentiment: Coverage noting the stock’s sharp intraday drop but that Bay Street remains unshaken — implies mixed short-term volatility vs. longer-term confidence. Dollarama stock just saw its worst day since 2018 — Why Bay Street isn’t flinching
• Neutral Sentiment: Opinion piece arguing that holding (doing nothing) can be the best move for investors given Dollarama’s steady cash generation. When Doing Nothing Is the Smartest Investment Move
• Negative Sentiment: UBS cut its price target to C$191, reflecting more cautious forward estimates and pressuring near-term sentiment. UBS Group Lowers Dollarama (TSE:DOL) Price Target to C$191.00
• Negative Sentiment: BMO Capital Markets lowered expectations for Dollarama, signaling analyst wariness after recent results. BMO Capital Markets Has Lowered Expectations for Dollarama
• Negative Sentiment: Wells Fargo published a pessimistic forecast, adding to downward pressure from sell-side revisions. Wells Fargo & Company Issues Pessimistic Forecast for Dollarama
• Negative Sentiment: Jefferies issued a pessimistic outlook, contributing to the cluster of negative analyst notes. Jefferies Financial Group Issues Pessimistic Forecast for Dollarama
• Negative Sentiment: Desjardins lowered its view on Dollarama, reflecting comparable concerns on growth and margins. Desjardins Issues Pessimistic Forecast for Dollarama
• Negative Sentiment: National Bank Financial turned pessimistic, adding to analyst downgrades that can weigh on short-term flows. National Bank Financial Issues Pessimistic Forecast for Dollarama
• Negative Sentiment: Canaccord lowered expectations, reinforcing the consensus drift lower among Canadian brokerages. Canaccord Genuity Group Has Lowered Expectations for Dollarama
• Negative Sentiment: Stifel reduced estimates for the stock, part of a broad set of cuts pressuring sentiment. Stifel Nicolaus Has Lowered Expectations for Dollarama

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.