Dollarama (TSE:DOL) PT Set at C$180.00 by Jefferies Financial Group

Dollarama (TSE:DOL) has been given a C$180.00 price target by equities research analysts at Jefferies Financial Group in a report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 11.29% from the company’s previous close.

Other research analysts have also recently issued reports about the stock. Stifel Nicolaus lifted their price objective on shares of Dollarama from C$140.00 to C$162.00 in a research note on Friday, April 4th. CIBC lifted their price target on Dollarama from C$145.00 to C$174.00 in a research note on Friday, April 4th. BMO Capital Markets upped their price objective on Dollarama from C$154.00 to C$160.00 in a research report on Friday, March 14th. Royal Bank of Canada raised their price objective on Dollarama from C$149.00 to C$183.00 in a research note on Friday, April 4th. Finally, Canaccord Genuity Group boosted their target price on Dollarama from C$146.00 to C$168.00 in a research note on Friday, April 4th. Six investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong 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$164.50.

Dollarama Trading Up 4.0 %

Shares of Dollarama stock opened at C$161.74 on Thursday. The firm’s 50-day moving average price is C$148.68 and its two-hundred day moving average price is C$144.20. The company has a market capitalization of C$44.70 billion, a price-to-earnings ratio of 41.19, a PEG ratio of 1.93 and a beta of 0.56. The company has a quick ratio of 0.08, a current ratio of 1.43 and a debt-to-equity ratio of 369.36. Dollarama has a 12-month low of C$111.10 and a 12-month high of C$174.22.

Insider Buying and Selling

In other Dollarama news, Senior Officer Geoffrey Peter Robillard sold 28,000 shares of the stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of C$160.00, for a total transaction of C$4,480,000.00. 2.23% of the stock is owned by corporate insiders.

Dollarama Company Profile

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.