Dollarama (TSE:DOL) had its target price lowered by Raymond James from C$56.00 to C$50.00 in a report published on Friday, September 14th. The brokerage currently has an outperform rating on the stock.

DOL has been the topic of several other reports. Barclays increased their price target on Dollarama from C$52.00 to C$53.00 in a report on Wednesday, September 12th. Desjardins cut Dollarama from a buy rating to a hold rating and lowered their price target for the company from C$58.00 to C$45.00 in a report on Friday, September 14th. Scotiabank lowered their price target on Dollarama from C$169.00 to C$167.00 and set an outperform rating on the stock in a report on Friday, June 8th. CIBC lowered their price target on Dollarama from C$178.00 to C$177.00 in a report on Friday, June 8th. Finally, TD Securities raised Dollarama from a hold rating to a buy rating and raised their target price for the stock from C$160.00 to C$175.00 in a report on Monday, June 4th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of C$84.18.

TSE DOL opened at C$39.60 on Friday. Dollarama has a 1-year low of C$38.90 and a 1-year high of C$56.67.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Friday, October 5th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Thursday, October 4th. This represents a $0.16 dividend on an annualized basis and a yield of 0.40%.

Dollarama Company Profile

Dollarama Inc operates a chain of dollar stores in Canada. The company's stores offer consumer products, general merchandise, and seasonal items, including private label and branded products. As of July 29, 2018, it operated 1,178 stores. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.

See Also: Leveraged Buyout (LBO) Explained

Analyst Recommendations for Dollarama (TSE:DOL)

Receive News & Ratings for Dollarama Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama and related companies with MarketBeat.com's FREE daily email newsletter.