Dollarama (OTCMKTS:DLMAF) Stock Rating Upgraded by Royal Bank Of Canada

Dollarama (OTCMKTS:DLMAF) was upgraded by investment analysts at Royal Bank Of Canada to a “moderate buy” rating in a research note issued on Monday,Zacks.com reports.

DLMAF has been the topic of a number of other reports. Scotiabank restated an “outperform” rating on shares of Dollarama in a research report on Friday, December 12th. National Bank Financial reiterated an “outperform” rating on shares of Dollarama in a research report on Thursday, December 4th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Finally, TD Securities reiterated a “buy” rating on shares of Dollarama in a research report on Friday, December 12th. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Dollarama Trading Down 1.7%

DLMAF opened at $142.05 on Monday. The firm has a market cap of $38.77 billion and a price-to-earnings ratio of 169.11. Dollarama has a 52 week low of $103.36 and a 52 week high of $160.86. The business’s 50 day moving average is $142.05 and its two-hundred day moving average is $139.14. The company has a quick ratio of 0.23, a current ratio of 1.09 and a debt-to-equity ratio of 3.55.

About Dollarama

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.