TD Securities Cuts Dollarama (TSE:DOL) Price Target to C$225.00

Dollarama (TSE:DOLFree Report) had its price target lowered by TD Securities from C$235.00 to C$225.00 in a research note issued to investors on Wednesday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

DOL has been the subject of several other reports. UBS Group lowered their price target on Dollarama from C$210.00 to C$191.00 in a report on Wednesday. Sanford C. Bernstein boosted their price objective on Dollarama from C$223.00 to C$232.00 in a research report on Friday, December 12th. Canaccord Genuity Group lowered their target price on Dollarama from C$207.00 to C$187.00 in a research note on Wednesday. Canadian Imperial Bank of Commerce raised their target price on shares of Dollarama from C$199.00 to C$212.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Finally, Desjardins set a C$218.00 price target on shares of Dollarama and gave the company a “buy” rating in a research note on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$202.92.

Check Out Our Latest Analysis on Dollarama

Dollarama Price Performance

Shares of DOL stock opened at C$166.76 on Wednesday. Dollarama has a 12-month low of C$147.00 and a 12-month high of C$209.96. The firm has a market capitalization of C$45.48 billion, a price-to-earnings ratio of 35.26, a price-to-earnings-growth ratio of 1.93 and a beta of 0.15. The company has a quick ratio of 0.08, a current ratio of 1.13 and a debt-to-equity ratio of 370.61. The firm has a fifty day moving average of C$190.83 and a 200-day moving average of C$191.65.

Dollarama (TSE:DOLGet Free Report) last issued its quarterly earnings data on Tuesday, March 24th. The company reported C$1.43 EPS for the quarter. The business had revenue of C$2.10 billion for the quarter. Dollarama had a return on equity of 94.71% and a net margin of 18.05%. On average, equities research analysts forecast that Dollarama will post 5.3295203 earnings per share for the current year.

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Dollarama Company Profile

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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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