DOL has been the subject of several other reports. Royal Bank Of Canada boosted their price objective on shares of Dollarama from C$133.00 to C$138.00 in a research note on Thursday, May 25th. Desjardins cut shares of Dollarama from a buy rating to a hold rating and boosted their price objective for the company from C$120.00 to C$134.00 in a research note on Thursday, June 8th. Scotiabank boosted their price objective on shares of Dollarama from C$141.00 to C$143.00 and gave the company an outperform rating in a research note on Thursday, June 8th. Barclays PLC boosted their price objective on shares of Dollarama from C$115.00 to C$121.00 and gave the company an equal weight rating in a research note on Wednesday, June 7th. Finally, BMO Capital Markets boosted their price objective on shares of Dollarama from C$122.00 to C$141.00 and gave the company an outperform rating in a research note on Tuesday, June 6th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Dollarama currently has a consensus rating of Buy and a consensus price target of C$143.67.
Dollarama (TSE:DOL) opened at 139.50 on Friday. Dollarama has a 1-year low of $93.27 and a 1-year high of $139.93. The firm’s 50-day moving average price is $123.14 and its 200-day moving average price is $117.86. The firm has a market capitalization of $15.85 billion and a PE ratio of 36.12.
ILLEGAL ACTIVITY WARNING: This story was first reported by Markets Daily and is owned by of Markets Daily. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.themarketsdaily.com/2017/09/11/dollarama-inc-dol-price-target-raised-to-c157-00.html.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Friday, October 6th will be issued a dividend of $0.11 per share. The ex-dividend date is Thursday, October 5th. This represents a $0.44 annualized dividend and a dividend yield of 0.32%.
In related news, Director Nicolas Hien sold 1,750 shares of Dollarama stock in a transaction on Monday, July 17th. The shares were sold at an average price of C$122.83, for a total transaction of C$214,952.50.
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.
Receive News & Ratings for Dollarama Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama Inc and related companies with MarketBeat.com's FREE daily email newsletter.