UBS Group Reiterates “C$147.00” Price Target for Dollarama (TSE:DOL)

Dollarama (TSE:DOL) received a C$147.00 price objective from equities researchers at UBS Group in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm currently has a “neutral” rating on the stock. UBS Group’s target price would indicate a potential upside of 3.54% from the company’s current price.

Several other equities research analysts have also weighed in on DOL. Canaccord Genuity Group upped their target price on shares of Dollarama from C$138.00 to C$140.00 and gave the stock a “hold” rating in a report on Thursday, November 28th. National Bank Financial downgraded shares of Dollarama from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Royal Bank of Canada reduced their price target on shares of Dollarama from C$160.00 to C$159.00 in a research report on Thursday, December 5th. Wells Fargo & Company downgraded shares of Dollarama from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from C$136.00 to C$130.00 in a research report on Thursday, September 12th. Finally, Cfra upgraded shares of Dollarama from a “hold” rating to a “buy” rating and upped their price target for the stock from C$130.00 to C$155.00 in a research report on Thursday, September 12th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of C$145.17.

Dollarama Trading Up 0.3 %

Shares of Dollarama stock traded up C$0.43 during trading on Friday, hitting C$141.98. The stock had a trading volume of 260,867 shares, compared to its average volume of 583,182. The stock has a 50 day simple moving average of C$144.47 and a 200 day simple moving average of C$134.98. Dollarama has a 1 year low of C$89.93 and a 1 year high of C$152.97. The company has a market capitalization of C$40.01 billion, a PE ratio of 36.80, a P/E/G ratio of 1.93 and a beta of 0.56. The company has a quick ratio of 0.08, a current ratio of 1.99 and a debt-to-equity ratio of 391.24.

Dollarama (TSE:DOL) last announced its quarterly earnings results on Wednesday, September 11th. The company reported C$1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.96 by C$0.06. The firm had revenue of C$1.56 billion for the quarter, compared to analyst estimates of C$1.57 billion. Dollarama had a net margin of 17.85% and a return on equity of 156.46%. On average, research analysts expect that Dollarama will post 5.3295203 EPS for the current fiscal year.

Insider Transactions at Dollarama

In related news, Director Nicolas Hien sold 5,167 shares of the firm’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of C$135.18, for a total value of C$698,490.04. Also, Senior Officer Mark Di Pesa sold 530 shares of the firm’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of C$143.47, for a total value of C$76,039.10. Over the last 90 days, insiders sold 7,697 shares of company stock valued at $1,049,979. 2.23% of the stock is currently owned by corporate insiders.

Dollarama Company Profile

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.