Are Analysts Bullish about Dollarama Inc. (TSE:DOL) after last week?

January 20, 2018 - By Peter Erickson

 Are Analysts Bullish about Dollarama Inc. (TSE:DOL) after last week?

Dollarama Inc. (TSE:DOL) Ratings Coverage

Among 7 analysts covering Dollarama Inc (TSE:DOL), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Dollarama Inc had 74 analyst reports since August 27, 2015 according to SRatingsIntel. The stock of Dollarama Inc. (TSE:DOL) has “Hold” rating given on Wednesday, April 19 by TD Securities. The firm earned “Buy” rating on Friday, September 2 by TD Securities. On Friday, September 8 the stock rating was upgraded by Desjardins Securities to “Buy”. Raymond James maintained Dollarama Inc. (TSE:DOL) on Thursday, March 30 with “Outperform” rating. TD Securities maintained the shares of DOL in report on Friday, November 18 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, November 24. The firm has “Outperform” rating given on Friday, June 3 by Scotia Capital. TD Securities upgraded the shares of DOL in report on Wednesday, August 24 to “Buy” rating. The rating was maintained by RBC Capital Markets on Tuesday, November 29 with “Outperform”. Scotia Capital maintained it with “Outperform” rating and $115 target in Friday, March 17 report. Below is a list of Dollarama Inc. (TSE:DOL) latest ratings and price target changes.

05/12/2017 Broker: Raymond James Rating: Outperform Old Target: $143.00 New Target: $165.00 Target Up
08/09/2017 Broker: Barclays Capital Rating: Old Target: $123.00 New Target: $130.00 Target Up
08/09/2017 Broker: BMO Capital Markets Rating: Old Target: $141.00 New Target: $150.00 Target Up
08/09/2017 Broker: IBC Rating: Old Target: $141.00 New Target: $157.00 Target Up
08/09/2017 Broker: Desjardins Securities Old Rating: Hold New Rating: Buy Old Target: $134.00 New Target: $154.00 Upgrade
08/09/2017 Broker: Eight Capital Rating: Old Target: $140.00 New Target: $150.00 Target Up
08/09/2017 Broker: National Bank Canada Rating: Old Target: $140.00 New Target: $145.00 Target Up
08/09/2017 Broker: Raymond James Rating: Old Target: $140.00 New Target: $143.00 Target Up
08/09/2017 Broker: Scotia Capital Rating: Outperform Old Target: $143.00 New Target: $162.00 Target Up
08/09/2017 Broker: TD Securities Rating: Hold Old Target: $135.00 New Target: $150.00 Target Up

The stock increased 0.72% or $1.14 during the last trading session, reaching $160. About 356,422 shares traded. Dollarama Inc. (TSE:DOL) has 0.00% since January 20, 2017 and is . It has underperformed by 16.70% the S&P500.

Dollarama Inc. operates a chain of dollar stores in Canada. The company has market cap of $17.87 billion. The companyÂ’s stores offer consumer products, general merchandise, and seasonal items, including private label and branded products. It has a 36.67 P/E ratio. As of September 7, 2017, it operated 1,125 stores.

More notable recent Dollarama Inc. (TSE:DOL) news were published by: Fool.ca which released: “Is Dollarama Inc. Still a Buy After its Jump to a Record High?” on September 13, 2017, also Fool.ca with their article: “Dollarama Inc.: A Security So Profitable That it’s Scary!” published on October 28, 2017, Seekingalpha.com published: “Dollarama: Miniso Isn’t A Threat, Here’s Why” on December 12, 2017. More interesting news about Dollarama Inc. (TSE:DOL) were released by: Seekingalpha.com and their article: “Is This Dollar Store Chain A Buy?” published on January 04, 2018 as well as Bloomberg.com‘s news article titled: “No Retail Crisis for Dollarama as Sales Soar” with publication date: September 07, 2017.

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