Dollarama (OTCMKTS:DLMAF) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Dollarama (OTCMKTS:DLMAF) to a hold rating in a report issued on Monday morning,Zacks.com reports.

A number of other research firms have also recently issued reports on DLMAF. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, December 12th. National Bank Financial reaffirmed an “outperform” rating on shares of Dollarama in a report on Thursday, December 4th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, December 12th. TD Securities reiterated a “buy” rating on shares of Dollarama in a report on Friday, December 12th. Finally, Royal Bank Of Canada upgraded shares of Dollarama to a “moderate buy” rating in a research note on Monday. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Dollarama Stock Down 2.1%

Dollarama stock opened at $139.13 on Monday. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.09 and a quick ratio of 0.23. The company’s 50-day moving average is $141.94 and its 200-day moving average is $139.14. The firm has a market capitalization of $37.97 billion and a PE ratio of 165.63. Dollarama has a fifty-two week low of $103.36 and a fifty-two week high of $160.86.

Dollarama Company Profile

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.