Dollarama Inc. (TSE:DOL) had its price objective increased by TD Securities from C$150.00 to C$160.00 in a report issued on Wednesday. The firm currently has a hold rating on the stock.

A number of other analysts have also weighed in on DOL. Scotiabank increased their price objective on shares of Dollarama from C$143.00 to C$162.00 and gave the stock an outperform rating in a research note on Friday, September 8th. National Bank Financial increased their price objective on shares of Dollarama from C$140.00 to C$145.00 in a research note on Friday, September 8th. BMO Capital Markets increased their price objective on shares of Dollarama from C$141.00 to C$150.00 in a research note on Friday, September 8th. CIBC increased their price objective on shares of Dollarama from C$141.00 to C$157.00 in a research note on Friday, September 8th. Finally, Barclays PLC increased their price objective on shares of Dollarama from C$123.00 to C$130.00 in a research note on Friday, September 8th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of C$148.75.

Dollarama (TSE DOL) opened at C$160.66 on Wednesday. Dollarama has a 52 week low of C$96.50 and a 52 week high of C$161.00.

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The company also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Investors of record on Friday, October 6th were issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend was Thursday, October 5th. Dollarama’s dividend payout ratio (DPR) is presently 10.17%.

In related news, insider Geoffrey Peter Robillard sold 5,000 shares of the stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of C$133.99, for a total transaction of C$669,950.00.

About Dollarama

Dollarama Inc is a Canada-based holding company. The Company operates dollar stores. It has approximately 1,030 stores in operation in Canada. Its stores have an average area of approximately 9,942 square feet, and offer a range of consumer products, general merchandise and seasonal items, including private label and nationally branded products.

Analyst Recommendations for Dollarama (TSE:DOL)

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