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

Dollarama Inc. (OTCMKTS:DLMAF) has earned an average rating of “Buy” from the fourteen analysts that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and five have assigned a strong buy rating to the company.

Several analysts have recently commented on the company. BMO Capital Markets reiterated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Ventum Financial upgraded Dollarama to a “strong-buy” rating in a research note on Thursday, August 20th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th.

Dollarama Price Performance

Shares of DLMAF opened at $118.92 on Wednesday. The company has a 50 day moving average of $131.60 and a two-hundred day moving average of $131.26. The company has a quick ratio of 0.70, a current ratio of 1.57 and a debt-to-equity ratio of 3.96. Dollarama has a twelve month low of $112.41 and a twelve month high of $160.86. The company has a market cap of $31.98 billion and a price-to-earnings ratio of 45.04.

About Dollarama

Dollarama Inc is a Canadian value retailer that operates a chain of stores offering a broad assortment of everyday consumer products at fixed, low price points. Its merchandise includes general merchandise, household supplies, seasonal items, toys, stationery, party goods, hardware, kitchen products, and select food and convenience products.

Founded in 1992, Dollarama has expanded into one of Canada’s largest discount-store networks, serving communities across the country through stores in all provinces and territories.