November 30, 2016 - By Richard Conner
In a research report issued to clients and investors on Tuesday, 29 November, Dollarama Inc (TSE:DOL) stock had its Outperform Rating reaffirmed by investment analysts at RBC Capital Markets. They currently have a $122.00 target price on company. RBC Capital Markets’s target gives a potential upside of 18.18% from the company’s current price.
Out of 10 analysts covering Dollarama Inc (TSE:DOL), 8 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 80% are positive. $122 is the highest target while $76 is the lowest. The $106.36 average target is 3.12% above today’s ($103.14) stock price. Dollarama Inc has been the topic of 43 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, November 29. The company was maintained on Tuesday, November 24 by RBC Capital Markets. As per Friday, June 3, the company rating was maintained by Scotia Capital. On Friday, November 18 the stock rating was maintained by TD Securities with “Buy”. The company was maintained on Friday, September 2 by TD Securities. BMO Capital Markets upgraded the shares of DOL in a report on Monday, January 4 to “Outperform” rating. The firm earned “Outperform” rating on Tuesday, November 22 by Scotia Capital. TD Securities upgraded the stock to “Buy” rating in Wednesday, August 24 report. The stock of Dollarama Inc (TSE:DOL) has “Buy” rating given on Tuesday, September 1 by TD Securities. The stock of Dollarama Inc (TSE:DOL) has “Outperform” rating given on Friday, September 2 by BMO Capital Markets.
The stock increased 0.42% or $0.43 on November 29, hitting $103.14. About 259,602 shares traded hands. Dollarama Inc (TSE:DOL) has risen 15.45% since April 26, 2016 and is uptrending. It has outperformed by 10.22% the S&P500.
Dollarama Inc. is a Canada-based holding company. The company has a market cap of $12.15 billion. The Firm operates dollar stores. It has a 30.86 P/E ratio. It has approximately 1,030 stores in operation in Canada.
WisdomTree International LargeCap Dividend Fund (The Fund) is a non-diversified fund. It seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International LargeCap Dividend Index (The Index). The Fund is managed by WisdomTree Asset Management, Inc.
More notable recent Dollarama Inc (TSE:DOL) news were published by: Fool.ca which released: “Why Dollarama Inc. Continues to Be a Great Investment” on November 29, 2016, also Business.Financialpost.com with their article: “Dollarama Inc considers offering online sales for bulk buyers to complement …” published on September 01, 2016, Business.Financialpost.com published: “TD upgrades Dollarama Inc to buy” on August 24, 2016. More interesting news about Dollarama Inc (TSE:DOL) were released by: Business.Financialpost.com and their article: “Dollarama Inc investors getting bang for their buck as company beats profit …” published on June 08, 2016 as well as Seekingalpha.com‘s news article titled: “Dollarama, Inc.: Onward And Upward” with publication date: July 05, 2016.
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