Dollarama Inc. (OTCMKTS:DLMAF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Dollarama Inc. (OTCMKTS:DLMAF) has earned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company.

Several research analysts recently commented on DLMAF shares. Royal Bank Of Canada raised Dollarama to a “moderate buy” rating in a research note on Monday, March 16th. National Bank Financial reaffirmed an “outperform” rating on shares of Dollarama in a research report on Thursday, December 4th. Zacks Research upgraded Dollarama to a “hold” rating in a research note on Monday, March 16th. TD Securities reissued a “buy” rating on shares of Dollarama in a research report on Friday, December 12th. Finally, Scotiabank restated an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th.

Dollarama Stock Down 9.5%

Dollarama stock opened at $122.81 on Wednesday. The firm has a market capitalization of $33.52 billion and a P/E ratio of 146.20. The company has a current ratio of 1.09, a quick ratio of 0.23 and a debt-to-equity ratio of 3.55. Dollarama has a twelve month low of $103.70 and a twelve month high of $160.86. The stock’s fifty day simple moving average is $140.86 and its 200-day simple moving average is $139.03.

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.