Dollarama (TSE:DOL) Given a C$225.00 Price Target by Royal Bank Of Canada Analysts

Royal Bank Of Canada set a C$225.00 price target on Dollarama (TSE:DOL) in a research report report published on Monday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

DOL has been the topic of a number of other reports. Stifel Nicolaus increased their price objective on Dollarama from C$190.00 to C$200.00 and gave the company a “hold” rating in a research report on Friday, December 12th. Canadian Imperial Bank of Commerce boosted their target price on Dollarama from C$199.00 to C$212.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Jefferies Financial Group upped their price target on Dollarama from C$223.00 to C$235.00 in a research note on Friday, December 12th. Canaccord Genuity Group raised their price target on Dollarama from C$198.00 to C$207.00 in a report on Friday, December 12th. Finally, Scotiabank lifted their price objective on Dollarama from C$205.00 to C$220.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$217.08.

Dollarama Stock Performance

Shares of Dollarama stock opened at C$198.34 on Monday. The company has a debt-to-equity ratio of 415.13, a current ratio of 1.09 and a quick ratio of 0.08. The firm has a market cap of C$54.26 billion, a P/E ratio of 42.20, a P/E/G ratio of 1.93 and a beta of 0.15. The firm has a 50 day simple moving average of C$194.48 and a 200 day simple moving average of C$192.25. Dollarama has a fifty-two week low of C$147.00 and a fifty-two week high of C$209.96.

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. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.