Dollarama Inc. (OTCMKTS:DLMAF) Given Average Recommendation of “Moderate Buy” by Brokerages

Dollarama Inc. (OTCMKTS:DLMAF) has received an average recommendation of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

Several research analysts have commented on the stock. Desjardins restated a “buy” rating on shares of Dollarama in a research report on Thursday, June 12th. BMO Capital Markets restated an “outperform” rating on shares of Dollarama in a research report on Thursday, June 12th. Royal Bank Of Canada restated an “outperform” rating on shares of Dollarama in a research report on Thursday, June 12th. Scotiabank restated an “outperform” rating on shares of Dollarama in a research report on Thursday, June 12th. Finally, CIBC restated a “neutral” rating on shares of Dollarama in a research report on Thursday, June 12th.

Dollarama Trading Down 1.6%

OTCMKTS DLMAF opened at $139.75 on Monday. Dollarama has a 1-year low of $88.12 and a 1-year high of $144.08. The company has a 50 day moving average of $125.54 and a 200-day moving average of $109.16.

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.