Dollarama Inc (TSE:DOL) Rating Reaffirmed
In a recent research report revealed to investors on Thursday, 10 December, The Outperform rating of Dollarama Inc (TSE:DOL) shares was has decided to restate at RBC Capital Markets, who now has a $96.00 TP on the stock. RBC Capital Markets’s TP would possibly suggest a possible upside of 20.00% from the last stock price of the company.
From a total of 14 analysts covering Dollarama Inc (TSE:DOL) stock, 9 rate it a ”Buy”, 2 a “Sell”, and 4 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is $73.97 while the lowest target price is $48.82. The mean of all analyst targets is $67.32 with a 13.37% above today’s ($80.27) stock price. Dollarama Inc was the topic of 11 analyst reports since August 27, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on November 24 with “Outperform” rating.
Approximately 646,874 shares of stock traded hands or 66.84% up from the average. Dollarama Inc (TSE:DOL) has risen 14.75% since May 7, 2015 and is uptrending. It has outperformed by 16.68% the S&P500.
Dollarama Inc is a Canada-based operator of dollar stores. The company has a market cap of $10.02 billion. The Firm has 955 Dollarama stores in operation in Canada. It has 31.56 P/E ratio. The Firm offers a range of consumer products and general merchandise for everyday use, in addition to seasonal products.