Dollarama Inc. (OTCMKTS:DLMAF) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Dollarama Inc. (OTCMKTS:DLMAF) have earned an average rating of “Moderate Buy” from the nine analysts that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company.

A number of equities research analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Scotiabank reissued an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. TD Securities restated a “buy” rating on shares of Dollarama in a report on Friday, December 12th. Royal Bank Of Canada raised Dollarama to a “moderate buy” rating in a research report on Monday, March 16th. Finally, Zacks Research upgraded Dollarama to a “hold” rating in a report on Monday, March 16th.

Dollarama Stock Performance

OTCMKTS:DLMAF opened at $131.37 on Wednesday. The company has a quick ratio of 0.23, a current ratio of 1.09 and a debt-to-equity ratio of 3.55. The firm’s fifty day simple moving average is $141.48 and its 200 day simple moving average is $139.08. The stock has a market cap of $35.85 billion and a P/E ratio of 156.39. Dollarama has a twelve month low of $103.36 and a twelve month high of $160.86.

Dollarama Company Profile

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.