National Bankshares Increases Dollarama (TSE:DOL) Price Target to C$104.00

Dollarama (TSE:DOL) had its price target lifted by research analysts at National Bankshares from C$97.00 to C$104.00 in a research note issued on Thursday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price objective indicates a potential upside of 8.75% from the stock’s current price.

A number of other equities research analysts have also issued reports on DOL. TD Securities increased their price target on Dollarama from C$94.00 to C$105.00 and gave the stock a “buy” rating in a research note on Thursday. Canaccord Genuity Group increased their target price on Dollarama from C$82.00 to C$85.00 in a research report on Thursday, June 8th. Scotiabank lifted their target price on Dollarama from C$95.50 to C$99.50 and gave the company an “outperform” rating in a research note on Thursday. Canaccord Genuity Group upped their price target on Dollarama from C$85.00 to C$94.00 and gave the stock a “hold” rating in a research note on Thursday. Finally, Desjardins set a C$93.00 price objective on shares of Dollarama and gave the company a “buy” rating in a research report on Monday, September 11th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$97.54.

Dollarama Stock Performance

Shares of TSE DOL opened at C$95.63 on Thursday. The stock has a market cap of C$27.10 billion, a PE ratio of 32.98, a price-to-earnings-growth ratio of 1.93 and a beta of 0.73. Dollarama has a 1 year low of C$74.36 and a 1 year high of C$96.89. The firm has a fifty day moving average price of C$87.48 and a 200-day moving average price of C$84.39. The company has a debt-to-equity ratio of 1,949.93, a current ratio of 1.13 and a quick ratio of 0.08.

About Dollarama

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.