Dollarama (TSE:DOL) Given a C$225.00 Price Target at Royal Bank Of Canada

Dollarama (TSE:DOL) has been assigned a C$225.00 target price by Royal Bank Of Canada in a research report issued on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 13.68% from the company’s current price.

Other analysts have also recently issued research reports about the company. Canaccord Genuity Group increased their target price on Dollarama from C$198.00 to C$207.00 in a research report on Friday, December 12th. BMO Capital Markets upped their target price on Dollarama from C$215.00 to C$222.00 in a research report on Wednesday, December 3rd. TD Securities lifted their price objective on shares of Dollarama from C$210.00 to C$235.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Stifel Nicolaus lifted their price target on Dollarama from C$190.00 to C$200.00 and gave the company a “hold” rating in a research report on Friday, December 12th. Finally, National Bank Financial decreased their price objective on shares of Dollarama from C$226.00 to C$225.00 and set an “outperform” rating for the company in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Dollarama currently has an average rating of “Moderate Buy” and an average price target of C$217.08.

Dollarama Trading Up 1.6%

DOL traded up C$3.18 during trading on Monday, reaching C$197.93. The company had a trading volume of 186,760 shares, compared to its average volume of 638,430. Dollarama has a 52 week low of C$147.00 and a 52 week high of C$209.96. The company has a quick ratio of 0.08, a current ratio of 1.09 and a debt-to-equity ratio of 415.13. The business has a 50 day simple moving average of C$194.50 and a 200-day simple moving average of C$192.16. The stock has a market cap of C$54.15 billion, a P/E ratio of 42.11, a PEG ratio of 1.93 and a beta of 0.15.

Dollarama (TSE:DOL) last posted its quarterly earnings results on Thursday, December 11th. The company reported C$1.17 EPS for the quarter. The firm had revenue of C$1.91 billion for the quarter. Dollarama had a net margin of 18.59% and a return on equity of 99.41%. On average, equities analysts anticipate that Dollarama will post 5.3295203 EPS for the current fiscal year.

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. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.