Dollarama (TSE:DOL) Price Target Raised to C$156.00 at National Bankshares

Dollarama (TSE:DOL) had its price target lifted by National Bankshares from C$149.00 to C$156.00 in a research report sent to investors on Thursday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

DOL has been the topic of a number of other reports. Desjardins boosted their target price on Dollarama from C$147.00 to C$150.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. TD Securities upped their price target on Dollarama from C$154.00 to C$160.00 in a research report on Thursday, December 5th. Canaccord Genuity Group upped their price target on Dollarama from C$138.00 to C$140.00 and gave the company a “hold” rating in a research report on Thursday, November 28th. Scotiabank raised Dollarama to a “strong-buy” rating in a research report on Monday, January 20th. Finally, National Bank Financial lowered Dollarama from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Seven equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Dollarama has a consensus rating of “Moderate Buy” and a consensus price target of C$146.25.

Dollarama Stock Down 0.2 %

Shares of Dollarama stock opened at C$150.84 on Thursday. The stock’s fifty day moving average is C$143.22 and its 200-day moving average is C$141.88. The firm has a market capitalization of C$41.68 billion, a PE ratio of 38.42, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56. The company has a quick ratio of 0.08, a current ratio of 1.43 and a debt-to-equity ratio of 369.36. Dollarama has a 12-month low of C$100.30 and a 12-month high of C$156.25.

Dollarama Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, February 7th were given a $0.092 dividend. This represents a $0.37 annualized dividend and a yield of 0.24%. The ex-dividend date of this dividend was Friday, January 10th. Dollarama’s payout ratio is currently 9.42%.

Insider Transactions at Dollarama

In other news, Director Nicolas Hien sold 9,000 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$139.60, for a total transaction of C$1,256,386.50. 2.23% of the stock is currently owned by corporate insiders.

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.