Dollarama Inc (DOL) Rating Reiterated by BMO Capital Markets

Dollarama Inc (TSE:DOL)‘s stock had its “outperform” rating restated by stock analysts at BMO Capital Markets in a research note issued to investors on Monday, October 16th. They currently have a C$155.00 price objective on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 9.06% from the company’s previous close.

A number of other equities research analysts have also recently commented on DOL. National Bank Financial lifted their price objective on Dollarama from C$140.00 to C$145.00 in a research note on Friday, September 8th. CIBC lifted their target price on Dollarama from C$141.00 to C$157.00 in a report on Friday, September 8th. Raymond James Financial, Inc. lifted their target price on Dollarama from C$140.00 to C$143.00 in a report on Friday, September 8th. Eight Capital boosted their price target on Dollarama from C$140.00 to C$150.00 in a report on Friday, September 8th. Finally, Desjardins upgraded Dollarama from a “hold” rating to a “buy” rating and upped their target price for the stock from C$134.00 to C$154.00 in a report on Friday, September 8th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of C$144.08.

Dollarama (DOL) opened at 142.13 on Monday. The company has a 50-day moving average of $137.50 and a 200 day moving average of $126.14. Dollarama has a 52 week low of $93.27 and a 52 week high of $144.44. The firm has a market cap of $15.97 billion and a P/E ratio of 34.32.

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

Dollarama Company Profile

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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