Dollarama Inc. (OTCMKTS:DLMAF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Dollarama Inc. (OTCMKTS:DLMAF) has been given an average rating of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

Several research firms have commented on DLMAF. Desjardins reiterated a “buy” rating on shares of Dollarama in a research note on Thursday, June 12th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Dollarama in a research note on Thursday, June 12th. National Bankshares reiterated an “outperform” rating on shares of Dollarama in a research note on Thursday, June 12th. CIBC reiterated a “neutral” rating on shares of Dollarama in a research note on Thursday, June 12th. Finally, Scotiabank reiterated an “outperform” rating on shares of Dollarama in a research note on Thursday, June 12th.

Dollarama Stock Performance

DLMAF opened at $139.75 on Monday. Dollarama has a fifty-two week low of $88.12 and a fifty-two week high of $144.08. The company’s 50-day moving average is $125.54 and its 200 day moving average is $109.16.

About Dollarama

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.