Dollarama (TSE:DOL) Given New C$187.00 Price Target at Canaccord Genuity Group

Dollarama (TSE:DOLFree Report) had its price objective decreased by Canaccord Genuity Group from C$207.00 to C$187.00 in a report issued on Wednesday morning,BayStreet.CA reports.

A number of other analysts have also recently weighed in on DOL. Sanford C. Bernstein raised their price objective on Dollarama from C$223.00 to C$232.00 in a research report on Friday, December 12th. Jefferies Financial Group upped their target price on Dollarama from C$223.00 to C$235.00 in a research report on Friday, December 12th. Scotiabank increased their price target on Dollarama from C$205.00 to C$220.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. National Bank Financial lowered their price target on Dollarama from C$226.00 to C$225.00 and set an “outperform” rating for the company in a report on Friday, March 6th. Finally, Desjardins set a C$218.00 price objective on shares of Dollarama and gave the company a “buy” rating in a report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$202.92.

Read Our Latest Analysis on Dollarama

Dollarama Trading Up 2.0%

TSE DOL opened at C$172.01 on Wednesday. Dollarama has a 52 week low of C$147.00 and a 52 week high of C$209.96. The company has a 50 day moving average price of C$192.00 and a 200 day moving average price of C$191.97. 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 market cap of C$47.06 billion, a PE ratio of 36.60, a price-to-earnings-growth ratio of 1.93 and a beta of 0.15.

Dollarama (TSE:DOLGet Free Report) last announced its earnings results on Tuesday, March 24th. The company reported C$1.43 earnings per share for the quarter. Dollarama had a net margin of 18.05% and a return on equity of 94.71%. The company had revenue of C$2.10 billion during the quarter. As a group, sell-side analysts forecast that Dollarama will post 5.3295203 EPS for the current fiscal year.

Dollarama News Roundup

Here are the key news stories impacting Dollarama this week:

  • Positive Sentiment: Quarterly results showed solid profitability — Q4 EPS C$1.43 and revenue C$2.10B, with strong margins and ROE that validate Dollarama’s cash generation and operating leverage. Press Release / Slide Deck
  • Positive Sentiment: Market commentary argues the post‑earnings drop was overdone and frames today’s bounce as a buying opportunity — some outlets call the decline a “golden entry point.” Market Overreacts? Dollarama’s 10% Post‑Earnings Drop Looks Like a Golden Entry Point
  • Positive Sentiment: Some analysts still maintain buy/outperform stances with meaningful upside despite cuts (e.g., TD keeps a buy at C$225, CIBC upgraded to outperform with a ~C$202 target), supporting buy‑the‑dip flows. Analyst Rating Changes (BayStreet.CA)
  • Neutral Sentiment: Analyst views are mixed overall — many firms trimmed price targets (Scotiabank, BMO, UBS, Canaccord, etc.) but several retained positive ratings; the revisions compress but do not eliminate upside scenarios. Analyst Notes (TickerReport)
  • Negative Sentiment: Management guided to slower annual sales growth and flagged a softer same‑store sales environment — investors are worried demand among value shoppers is cooling, which reduces conviction on faster top‑line growth. Dollarama forecasts annual sales largely below estimates (BNN)
  • Negative Sentiment: CEO said Dollarama will only pass through price increases “where absolutely necessary,” signaling limited pricing power ahead — this, plus a same‑store sales miss, drove the initial sell‑off. CEO pricing comments
  • Negative Sentiment: Market reaction included a sharp drop after the print and heightened volume as investors repriced growth expectations — the cluster of downgrades and lowered targets amplified downside pressure. Coverage on outlook and investor reaction (Globe & Mail)

About Dollarama

(Get Free Report)

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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