Dollarama Inc (DOL) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Dollarama Inc (TSE:DOL) have been assigned an average rating of “Buy” from the twelve ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$144.08.

A number of analysts recently commented on the stock. National Bank Financial boosted their target price on shares of Dollarama from C$140.00 to C$145.00 in a report on Friday, September 8th. CIBC boosted their price objective on shares of Dollarama from C$141.00 to C$157.00 in a research report on Friday, September 8th. Raymond James Financial, Inc. lifted their target price on shares of Dollarama from C$140.00 to C$143.00 in a research note on Friday, September 8th. Eight Capital upped their target price on shares of Dollarama from C$140.00 to C$150.00 in a research note on Friday, September 8th. Finally, Desjardins upgraded shares of Dollarama from a “hold” rating to a “buy” rating and upped their target price for the company from C$134.00 to C$154.00 in a research note on Friday, September 8th.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Friday, October 6th were issued a $0.11 dividend. The ex-dividend date was Thursday, October 5th. This represents a $0.44 annualized dividend and a dividend yield of 0.31%.

ILLEGAL ACTIVITY NOTICE: This article was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The correct version of this article can be read at

About Dollarama

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)

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's FREE daily email newsletter.

Latest News

Leave a Reply