Dollarama (TSE:DOL) PT Set at C$180.00 by Jefferies Financial Group

Dollarama (TSE:DOL) has been assigned a C$180.00 target price by analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 11.29% from the company’s previous close.

Several other analysts also recently commented on DOL. Scotiabank raised their price objective on shares of Dollarama from C$150.00 to C$175.00 in a research report on Friday, April 4th. Royal Bank of Canada lifted their price target on shares of Dollarama from C$149.00 to C$183.00 in a research note on Friday, April 4th. BMO Capital Markets upped their price objective on shares of Dollarama from C$154.00 to C$160.00 in a report on Friday, March 14th. UBS Group raised their target price on Dollarama from C$147.00 to C$165.00 in a research note on Friday, April 4th. Finally, Desjardins boosted their price target on shares of Dollarama from C$150.00 to C$160.00 and gave the company a “buy” rating in a research note on Wednesday, April 2nd. Six equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$164.50.

Dollarama Trading Up 4.0 %

TSE DOL opened at C$161.74 on Thursday. The stock has a market capitalization of C$44.70 billion, a P/E ratio of 41.19, a P/E/G ratio of 1.93 and a beta of 0.56. The business has a 50 day simple moving average of C$148.68 and a 200 day simple moving average of C$144.20. The company has a debt-to-equity ratio of 369.36, a current ratio of 1.43 and a quick ratio of 0.08. Dollarama has a one year low of C$111.10 and a one year high of C$174.22.

Insider Buying and Selling

In related news, Senior Officer Geoffrey Peter Robillard sold 28,000 shares of the stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of C$160.00, for a total transaction of C$4,480,000.00. 2.23% of the stock is 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.