Dollarama (TSE:DOL) Upgraded at Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce upgraded shares of Dollarama (TSE:DOL) from a hold rating to an outperform rating in a research report released on Wednesday, MarketBeat.com reports. Canadian Imperial Bank of Commerce currently has C$202.00 price target on the stock, down from their previous price target of C$212.00.

A number of other brokerages have also weighed in on DOL. Canaccord Genuity Group decreased their price objective on shares of Dollarama from C$207.00 to C$187.00 in a report on Wednesday. Royal Bank Of Canada reduced their target price on Dollarama from C$225.00 to C$223.00 in a report on Wednesday. Stifel Nicolaus decreased their price target on Dollarama from C$200.00 to C$180.00 and set a “hold” rating for the company in a research note on Wednesday. Sanford C. Bernstein upped their price target on Dollarama from C$223.00 to C$232.00 in a report on Friday, December 12th. Finally, Scotiabank increased their price objective on Dollarama from C$205.00 to C$220.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$202.92.

Dollarama Price Performance

DOL opened at C$166.76 on Wednesday. The firm has a market cap of C$45.48 billion, a PE ratio of 35.26, a P/E/G ratio of 1.93 and a beta of 0.15. The stock has a 50-day moving average price of C$190.83 and a 200-day moving average price of C$191.65. Dollarama has a 1 year low of C$147.00 and a 1 year high of C$209.96. The company has a debt-to-equity ratio of 370.61, a current ratio of 1.13 and a quick ratio of 0.08.

Dollarama (TSE:DOL) last announced its quarterly earnings data on Tuesday, March 24th. The company reported C$1.43 EPS for the quarter. Dollarama had a net margin of 18.05% and a return on equity of 94.71%. The company had revenue of C$2.10 billion for the quarter. Sell-side analysts predict that Dollarama will post 5.3295203 earnings per share for the current fiscal year.

Dollarama News Roundup

Here are the key news stories impacting Dollarama this week:

• Positive Sentiment: CIBC upgraded Dollarama to Outperform, noting relative resilience — a supportive catalyst for the shares. Dollarama (TSE:DOL) Raised to Outperform at Canadian Imperial Bank of Commerce
• Positive Sentiment: Dollarama raised its dividend by 13%, boosting yield and signaling capital returns/discipline to investors. Canadian Retailer Dollarama Increases Dividend 13%
• Positive Sentiment: Some commentators view the post-earnings pullback as an overreaction and a potential buying opportunity for long-term investors. Market Overreacts? Dollarama’s 10% Post-Earnings Drop Looks Like a Golden Entry Point
• Neutral Sentiment: Analysis pieces question whether bigger payouts reflect capital discipline or fewer growth avenues — a mixed signal for valuation/strategy. Do Bigger Payouts Hint At Capital Discipline Or Fewer Growth Avenues Ahead?
• Neutral Sentiment: Coverage noting the stock’s sharp intraday drop but that Bay Street remains unshaken — implies mixed short-term volatility vs. longer-term confidence. Dollarama stock just saw its worst day since 2018 — Why Bay Street isn’t flinching
• Neutral Sentiment: Opinion piece arguing that holding (doing nothing) can be the best move for investors given Dollarama’s steady cash generation. When Doing Nothing Is the Smartest Investment Move
• Negative Sentiment: UBS cut its price target to C$191, reflecting more cautious forward estimates and pressuring near-term sentiment. UBS Group Lowers Dollarama (TSE:DOL) Price Target to C$191.00
• Negative Sentiment: BMO Capital Markets lowered expectations for Dollarama, signaling analyst wariness after recent results. BMO Capital Markets Has Lowered Expectations for Dollarama
• Negative Sentiment: Wells Fargo published a pessimistic forecast, adding to downward pressure from sell-side revisions. Wells Fargo & Company Issues Pessimistic Forecast for Dollarama
• Negative Sentiment: Jefferies issued a pessimistic outlook, contributing to the cluster of negative analyst notes. Jefferies Financial Group Issues Pessimistic Forecast for Dollarama
• Negative Sentiment: Desjardins lowered its view on Dollarama, reflecting comparable concerns on growth and margins. Desjardins Issues Pessimistic Forecast for Dollarama
• Negative Sentiment: National Bank Financial turned pessimistic, adding to analyst downgrades that can weigh on short-term flows. National Bank Financial Issues Pessimistic Forecast for Dollarama
• Negative Sentiment: Canaccord lowered expectations, reinforcing the consensus drift lower among Canadian brokerages. Canaccord Genuity Group Has Lowered Expectations for Dollarama
• Negative Sentiment: Stifel reduced estimates for the stock, part of a broad set of cuts pressuring sentiment. Stifel Nicolaus Has Lowered Expectations for Dollarama

About Dollarama

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.