Desjardins upgraded shares of Dollarama (OTCMKTS:DLMAF) from a hold rating to a buy rating in a research note published on Tuesday morning, MarketBeat.com reports.
A number of other equities analysts have also commented on the company. BMO Capital Markets lowered Dollarama from an outperform rating to a market perform rating in a research note on Saturday, September 15th. Royal Bank of Canada reissued a buy rating on shares of Dollarama in a research note on Tuesday, November 27th. National Bank Financial reissued a hold rating on shares of Dollarama in a research note on Friday, November 30th. Finally, TD Securities reissued a hold rating on shares of Dollarama in a research note on Monday, November 26th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy.
Dollarama stock opened at $24.74 on Tuesday. Dollarama has a 52 week low of $24.00 and a 52 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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