Dollarama (DLMAF) Earns Hold Rating from National Bank Financial
Dollarama (OTCMKTS:DLMAF)‘s stock had its “hold” rating reissued by stock analysts at National Bank Financial in a research report issued on Friday.
Other analysts have also recently issued reports about the company. TD Securities restated a “hold” rating on shares of Dollarama in a research note on Friday. Desjardins upgraded Dollarama from a “hold” rating to a “buy” rating in a research note on Tuesday. BMO Capital Markets cut Dollarama from an “outperform” rating to a “market perform” rating in a research note on Saturday, September 15th. Royal Bank of Canada restated a “buy” rating on shares of Dollarama in a research note on Tuesday, November 27th. Finally, Industrial Alliance Securities cut Dollarama to a “buy” rating in a research note on Tuesday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Buy”.
Dollarama stock traded down $0.34 during midday trading on Friday, reaching $24.81. The company’s stock had a trading volume of 100 shares, compared to its average volume of 12,139. Dollarama has a fifty-two week low of $24.00 and a fifty-two week high of $45.69.
Dollarama Inc operates a chain of dollar stores in Canada. The company's stores offer consumer products, general merchandise, and seasonal items, including private label and branded products. As of July 29, 2018, it operated 1,178 stores. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.
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