Dollarama Inc. (OTCMKTS:DLMAF – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $160.86, but opened at $151.03. Dollarama shares last traded at $151.03, with a volume of 188 shares.
Analysts Set New Price Targets
DLMAF has been the topic of a number of recent research reports. TD Securities reaffirmed a “buy” rating on shares of Dollarama in a report on Friday, December 12th. Sanford C. Bernstein assumed coverage on Dollarama in a research note on Wednesday, September 17th. They set an “outperform” rating for the company. National Bankshares reissued an “outperform” rating on shares of Dollarama in a research note on Thursday, December 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Dollarama in a research report on Friday, November 28th. Finally, CIBC reaffirmed an “outperform” rating on shares of Dollarama in a report on Friday, December 12th. Eight investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.
Read Our Latest Analysis on DLMAF
Dollarama Stock Down 6.2%
Dollarama (OTCMKTS:DLMAF – Get Free Report) last released its quarterly earnings data on Thursday, December 11th. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.05. The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.35 billion.
Dollarama Company Profile
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.
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