Dollarama (TSE:DOL) Given New C$156.00 Price Target at National Bankshares

Dollarama (TSE:DOL) had its price target upped by research analysts at National Bankshares from C$149.00 to C$156.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price target indicates a potential upside of 5.09% from the company’s previous close.

Several other research firms have also recently weighed in on DOL. Canaccord Genuity Group raised their price objective on shares of Dollarama from C$138.00 to C$140.00 and gave the company a “hold” rating in a research report on Thursday, November 28th. TD Securities lifted their price target on shares of Dollarama from C$154.00 to C$160.00 in a research report on Thursday, December 5th. Scotiabank upgraded shares of Dollarama to a “strong-buy” rating in a research report on Monday, January 20th. Royal Bank of Canada lowered their price target on shares of Dollarama from C$160.00 to C$159.00 in a research report on Thursday, December 5th. Finally, BMO Capital Markets lifted their price target on shares of Dollarama from C$154.00 to C$160.00 in a research report on Friday, March 14th. Seven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$146.25.

Dollarama Trading Down 1.6 %

DOL opened at C$148.44 on Thursday. The company has a current ratio of 1.43, a quick ratio of 0.08 and a debt-to-equity ratio of 369.36. The stock has a market capitalization of C$41.02 billion, a PE ratio of 37.81, a PEG ratio of 1.93 and a beta of 0.56. Dollarama has a 1-year low of C$100.30 and a 1-year high of C$156.25. The firm has a 50-day moving average price of C$143.44 and a two-hundred day moving average price of C$141.92.

Insider Buying and Selling

In other Dollarama news, Director Nicolas Hien sold 9,000 shares of Dollarama stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of C$139.60, for a total value of C$1,256,386.50. 2.23% of the stock is owned by insiders.

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.