Dollarama (TSE:DOL) PT Set at C$225.00 by Ventum Financial

by · The Markets Daily

Dollarama (TSE:DOL – Get Free Report) received a C$225.00 target price from Ventum Financial in a research report issued on Tuesday, BayStreet reports. The firm currently has a “buy” rating on the stock. Ventum Financial’s price objective points to a potential upside of 29.95% from the stock’s previous close.

A number of other equities analysts have also issued reports on the stock. Jefferies Financial Group raised their target price on shares of Dollarama from C$200.00 to C$230.00 in a research report on Friday, June 12th. Sanford C. Bernstein decreased their price target on shares of Dollarama from C$232.00 to C$227.00 in a research note on Tuesday, May 12th. National Bank Financial raised their price objective on shares of Dollarama from C$203.00 to C$209.00 in a research report on Friday, June 12th. BMO Capital Markets lifted their price objective on shares of Dollarama from C$210.00 to C$221.00 in a research note on Friday, June 12th. Finally, Canaccord Genuity Group upped their target price on shares of Dollarama from C$187.00 to C$204.00 in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Dollarama currently has an average rating of “Buy” and an average price target of C$216.56.

Read Our Latest Stock Report on DOL

Dollarama Stock Performance

Shares of DOL stock traded down C$4.06 during mid-day trading on Tuesday, hitting C$173.15. 295,982 shares of the stock were exchanged, compared to its average volume of 693,911. The stock’s fifty day simple moving average is C$186.18 and its two-hundred day simple moving average is C$183.18. The stock has a market capitalization of C$46.89 billion, a price-to-earnings ratio of 35.63, a P/E/G ratio of 1.93 and a beta of 0.26. Dollarama has a 12-month low of C$166.00 and a 12-month high of C$209.96. The company has a debt-to-equity ratio of 451.20, a quick ratio of 0.08 and a current ratio of 1.57.

Dollarama (TSE:DOL – Get Free Report) last posted its earnings results on Thursday, June 11th. The company reported C$1.11 earnings per share for the quarter. The business had revenue of C$1.85 billion during the quarter. Dollarama had a return on equity of 95.90% and a net margin of 17.65%. On average, analysts forecast that Dollarama will post 5.3295203 EPS for the current year.

Dollarama Company Profile

(Get Free Report)

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.

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