Dollarama (TSE:DOL) Given a C$218.00 Price Target by Desjardins Analysts

Desjardins set a C$218.00 price target on Dollarama (TSE:DOL) in a report published on Monday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

DOL has been the subject of several other reports. National Bank Financial reduced their price objective on Dollarama from C$226.00 to C$225.00 and set an “outperform” rating for the company in a research report on Friday, March 6th. Jefferies Financial Group boosted their target price on shares of Dollarama from C$223.00 to C$235.00 in a research report on Friday, December 12th. BMO Capital Markets upped their target price on shares of Dollarama from C$215.00 to C$222.00 in a research note on Wednesday, December 3rd. Stifel Nicolaus increased their price target on shares of Dollarama from C$190.00 to C$200.00 and gave the company a “hold” rating in a report on Friday, December 12th. Finally, Canaccord Genuity Group raised their price target on shares of Dollarama from C$198.00 to C$207.00 in a research report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$217.08.

Dollarama Price Performance

TSE DOL opened at C$198.34 on Monday. The stock 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 twelve month low of C$147.00 and a twelve month high of C$209.96. The stock has a market capitalization of C$54.26 billion, a PE ratio of 42.20, a P/E/G ratio of 1.93 and a beta of 0.15. The company has a debt-to-equity ratio of 415.13, a quick ratio of 0.08 and a current ratio of 1.09.

About Dollarama

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.